FMX
- Fomento Económico Mexicano, SAB de CV
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Overview
Company Summary
Fomento Econ�mico Mexicano, SAB de CV (FMX), also known as FEMSA, is a Mexican multinational company that operates in various industries, including beverage, retail, and convenience stores.
FMX is primarily known for its ownership of Coca-Cola FEMSA, one of the largest Coca-Cola bottlers in the world. As a bottler, FMX produces, distributes, and markets Coca-Cola products in several countries, focusing mainly on Mexico, Central and South America.
Besides its beverage division, FMX also operates OXXO, the largest convenience store chain in Mexico and one of the largest in Latin America. OXXO stores offer a wide range of products, including snacks, drinks, prepaid mobile services, and financial services.
FMX is involved in the retail industry through its subsidiary, FEMSA Comercio, which operates various retail formats. These include small-format stores such as OXXO, larger stores under the banners of YZA Pharmacy and Farmacias FM, as well as gas stations.
Furthermore, FMX has a strategic investment in Heineken, a leading brewing company. Through this investment, FMX has a share in the global beer market, reinforcing its presence in the beverage industry.
Overall, Fomento Econ�mico Mexicano, SAB de CV (FMX), is a diversified company with significant operations in the beverage industry through its Coca-Cola bottling activities, as well as a prominent presence in the retail sector with its convenience stores and other retail formats.