FEMSA
FEMSA (Fomento Económico Mexicano, S.A.B. de C.V.) is a Mexican multinational company headquartered in Monterrey, Nuevo León, Mexico. It operates in various sectors, including the beverage industry, retail, and logistics. FEMSA is one of the largest companies in Latin America and is listed on the Mexican Stock Exchange and the New York Stock Exchange.
History[edit | edit source]
FEMSA was founded in 1890 as the "Cervecería Cuauhtémoc" by a group of entrepreneurs led by Isaac Garza and José Calderón. The company initially focused on brewing beer and later expanded into other beverages and industries. Over the years, FEMSA has grown through acquisitions and strategic partnerships, becoming a major player in the global market.
Business Segments[edit | edit source]
FEMSA operates through several business segments:
Coca-Cola FEMSA[edit | edit source]
Coca-Cola FEMSA is the largest franchise bottler of Coca-Cola products in the world. It operates in various countries across Latin America and the Philippines. The company produces and distributes a wide range of beverages, including soft drinks, juices, and bottled water.
FEMSA Comercio[edit | edit source]
FEMSA Comercio operates the OXXO convenience store chain, which is one of the largest in Latin America. OXXO stores offer a variety of products, including groceries, snacks, and beverages. FEMSA Comercio also operates other retail formats and has a presence in the health and beauty sector through its YZA and Farmacon pharmacy chains.
Logistics and Distribution[edit | edit source]
FEMSA provides logistics and distribution services through its subsidiary Solistica. The company offers integrated supply chain solutions, including transportation, warehousing, and value-added services.
Corporate Social Responsibility[edit | edit source]
FEMSA is committed to corporate social responsibility (CSR) and sustainability. The company focuses on various initiatives, including environmental conservation, community development, and responsible business practices. FEMSA's CSR efforts are aligned with the United Nations Sustainable Development Goals.
Key People[edit | edit source]
- José Antonio Fernández Carbajal - Executive Chairman of the Board
- Eduardo Padilla Silva - Chief Executive Officer
See Also[edit | edit source]
Related Pages[edit | edit source]
Categories[edit | edit source]
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