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

Business Description

Founded in 1890 and based in Monterrey, Mexico, FEMSA is a large Latin American company with business interests spanning beverages, retail, fuel, and healthcare. Through its Coca-Cola FEMSA division, it bottles and sells Coca-Cola products across Mexico, much of Central and South America, and Brazil. Its OXXO stores form one of Latin America's largest convenience retail networks, with locations extending into the United States, while its OXXO GAS stations and drugstore chains ? operating under several brand names ? serve customers across Mexico, Chile, Colombia, and Ecuador. The company also runs convenience and food retail stores across several European countries and provides logistics, payment processing, and discount grocery services in select markets.