Fomento Economico Mexicano SAB de CV

Fomento Económico Mexicano, S.A.B. de C.V., known as FEMSA, was incorporated in 1890 and is based out of Monterrey, Nuevo León, Mexico. The company engages in various business segments, with significant operations in the beverage and retail sectors. One of the primary business categories is Coca-Cola FEMSA, the largest franchise bottler of Coca-Cola products in the world by volume. It focuses on the production, marketing, and distribution of Coca-Cola beverages. Another core division is FEMSA Comercio, which operates a vast network of retail stores, notably the OXXO convenience store chain and several drugstores brands including Farmacias YZA, Farmacias Guadalajara, and Socofar. Additionally, FEMSA Strategic Businesses encompass logistics and distribution through Solistica, as well as manufacturing refrigeration solutions under the brand IMBERA, supporting the company's retail and beverage lines. FEMSA’s products and services are distributed across several countries, with Mexico being its largest market, home to the omnipresent OXXO convenience stores and a stronghold for Coca-Cola FEMSA's operations. Brazil represents another key market, significantly contributing to the beverage segment's revenue. The company also has a presence in numerous other Latin American countries such as Colombia, Argentina, and Venezuela, and extends its Coca-Cola operations to the Philippines, marking its influence in the Asian market. (Powered by AI)