Fomento Económico Mexicano, S.A.B. de C.V. (FOMC)

Overview

Fomento Económico Mexicano, S.A.B. de C.V., colloquially known as FEMSA, is a multipurpose conglomerate headquartered in Monterrey, Mexico. Founded in 1890, the company has evolved significantly over the years. Primarily recognized as a bottler of Coca-Cola trademark beverages, FEMSA extends its operational footprint across multiple countries in Latin America including Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Venezuela, Brazil, Argentina, and Uruguay. Besides its involvement in the beverages industry, FEMSA has diversified its business operations into retail chain stores, fuel service stations, and drugstores among other ventures, making it a significant player in various sectors of the economy in Latin America.

Products and Services

• Coca-Cola Bottling: FEMSA operates as a major bottler of Coca-Cola trademark beverages, handling the production, marketing, and distribution of these beverages across several Latin American countries.
• Retail Chain Stores (OXXO): Under the OXXO brand, FEMSA runs a large network of small-box retail chain stores in Mexico, Colombia, Peru, Chile, and Brazil, offering a variety of everyday products.
• Fuel Service Stations (OXXO GAS): Operating under the OXXO GAS name, FEMSA provides retail service stations in Mexico, catering to the need for fuels, motor oils, lubricants, and car care products.
• Drugstores: With brands like Cruz Verde, Fybeca, SanaSana, YZA, La Moderna, and Farmacon, the company manages a chain of drugstores in Chile, Colombia, Ecuador, and Mexico, delivering pharmaceutical products and healthcare services.
• Commercial Equipment Production: The company engages in the production and distribution of coolers, commercial refrigeration equipment, plastic boxes, as well as equipment for food processing, preservation, and weighing, catering to diverse business needs.
• Logistics and Maintenance Services: FEMSA offers a range of services including logistics, transportation, distribution and maintenance, point-of-sale refrigeration, and plastic solutions, aimed at supporting businesses with their operational requirements.
• Retail and Food Convenience Chains in Europe: Expanding its retail footprint to Europe, FEMSA operates small-box retail and food convenience chain stores in Switzerland, Germany, Austria, Luxembourg, and the Netherlands under multiple brands such as k kiosk, Brezelkönig, BackWerk, Ditsch, Press & Books, avec, Caffè Spettacolo, and ok, along with offering pretzels under the Ditsch brand.