Quarterlytics / Consumer Defensive / Beverages - Alcoholic / Fomento Economico Mexicano S.A.B. de C.V.

Fomento Economico Mexicano S.A.B. de C.V.

FMX · NYSE Consumer Defensive
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Ticker FMX
Exchange NYSE
Sector Consumer Defensive
Industry Beverages - Alcoholic
Employees 10,000+

Business description

Fomento Económico Mexicano, S.A.B. de C.V. - better known as FEMSA - is a prominent Coca-Cola bottler and diversified retail conglomerate. With operations spanning across Latin America and Europe, the Mexican company is a notable player in the global beverage and retail industries. Founded in 1890, FEMSA boasts an extensive portfolio of Coca-Cola trademark beverages that are marketed, produced and distributed in several countries such as Mexico, Brazil, Argentina, and Uruguay. Additionally, the company has small-box retail stores under its OXXO brand in Mexico, Colombia, Peru, Chile, and Brazil. FEMSA also operates drugstores in Chile, Colombia, Ecuador, and Mexico under the Cruz Verde, Fybeca, SanaSana, YZA, La Moderna, and Farmacon names. To add to its diversified business model, the company is involved in commercial refrigeration equipment production, plastic boxes, food processing and preservation, and logistic transportation. FEMSA also operates kiosk and convenience store chains in Switzerland, Germany, Austria, Luxembourg, and the Netherlands under the k kiosk, Brezelkönig, BackWerk, Ditsch, Press & Books, avec, Caffè Spettacolo, and ok.–) names, as well as pretzels under the Ditsch name. FEMSA, headquartered in Monterrey, Mexico, has evolved into a major force in the global consumer goods landscape since its inception over a century ago.

femsa.com/en/
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Company facts
TickerFMX
ExchangeNYSE
Sector Consumer Defensive
Industry Beverages - Alcoholic
Employees10,000+