Fomento Economico
Beverages - Brewers
Mexico-based Femsa is a beverage and retail conglomerate in Central and South America. The holding company owns controlling stakes in bottler Coca-Cola Femsa (47% economic stake, 56% voting rights), in addition to operating 100%-owned retail assets, including convenience stores under the Oxxo banner, drugstores, and gas stations. The firm divested its 15% stake in Heineken and its distribution business in 2023. Coca-Cola Femsa and the Oxxo chain made up 75% of total company revenue and around 90% of profits in 2023.

$31.2B

Market Cap • 12/20/2024

1936

(88 years)
Founded

1998

(26 years ago)
IPO

NYSE

Listing Exchange
Flag of MX

Monterrey

Headquarters • NL