Fomento Economico Mexicano SAB de CV - Company Profile
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Fomento Economico Mexicano SAB de CV (FEMSA) is a diversified company with operations in soft drinks, beverages, fuels, pharmaceuticals, health, and beauty products. It operates as the franchise bottler of Coca-Cola products, including sparkling beverages, still beverages, alcoholic beverages like beer and bottled water. FEMSA also offers logistics and production services, delivery and installation of refrigerators, integral maintenance services, and recycling of plastics. The company operates a chain of convenience stores, wholesale supermarkets, discount stores, pharmacy service chains, and fuel service stations in Mexico, Ecuador, the Netherlands, Guatemala, Nicaragua, Costa Rica, Panama, Brazil, Chile, Argentina, Colombia, Venezuela, and the Philippines. FEMSA is headquartered in Monterrey, Nuevo Leon, Mexico.
Headquarters
Mexico
Address
General Anaya No. 601 Pte, Colonia Bella Vista, Monterrey, Nuevo Leon, 64410
Website
femsa.gcs-web.com
Telephone
52 81 83286167
No of Employees
354,344
Industry
Consumer Packaged Goods
Ticker Symbol & Exchange
FEMSAUBD (MXK)
Revenue (2022)
$39.6B
17.7%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
174.7%
(2022 vs 2021)
Market Cap*
$40.7B
Net Profit Margin (2022)
XYZ
133.8%
(2022 vs 2021)
* As of and is in US$
Fomento Economico Mexicano SAB de CV premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Sparkling Beverages: | Logistics Services | Colas: |
| Colas | Distribution | Coca-Cola |
| Flavored Sparkling Beverages | Refrigerator Sales and Installation | Coca-Cola Light |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In August, the company entered into definitive agreements with BradyIFS to create a new platform within the facility care, foodservice disposables, and packaging distribution industries in the US. |
| 2023 | Plans/Strategy | In August, the company announced its plans to sell US packaging and food services business to Warburg Pincus and Kelso & Co. for about US$5 billion. |
| 2023 | Stake Sale | In May, the company sold minority stake in Jetro Restaurant Depot and related entities. |
Competitor Comparison
| Key Parameters | Fomento Economico Mexicano SAB de CV | CVS Health Corp | PepsiCo Inc | Wal-Mart de Mexico SAB de CV | H.E. Butt Grocery Co |
|---|---|---|---|---|---|
| Headquarters | Mexico | United States of America | United States of America | Mexico | United States of America |
| City | Monterrey | Woonsocket | Purchase | Mexico City | San Antonio |
| State/Province | Nuevo Leon | Rhode Island | New York | - | Texas |
| No. of Employees | 354,344 | 300,000 | 318,000 | 237,605 | 120,000 |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Jose Antonio Fernandez Carbajal | Chairman | Executive Board | 2014 | 69 |
| Daniel Alberto Rodriguez Cofre | Chief Executive Officer; Director | Executive Board | 2022 | 58 |
| Francisco Camacho Beltran | Chief Corporate Officer | Senior Management | 2020 | 58 |
| Alfonso Garza Garza | Chief Executive Officer - FESMA Negocios Estrategicos; Director | Executive Board | 2016 | 61 |
| Eugenio Garza y Garza | Director - Finance and Corporate Development | Senior Management | 2020 | 52 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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