A beverage Company conducts its operations through the holding companies such as Coca-Cola FEMSA which engages in the production, distribution and marketing of soft drinks; FEMSA Cerveza which engages in beer & FEMSA Comercio operates convenience stores.
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Full Time Employees: 105,020
BUSINESS SUMMARY
Fomento Economico Mexicano, S.A.B. de C.V. operates as a beverage company in Latin America. It operates through three subholding companies: Coca-Cola FEMSA, S.A.B. de C.V.; FEMSA Cerveza, S.A. de C.V.; and FEMSA Comercio, S.A. de C.V. Coca-Cola FEMSA offers soft drinks under the Coca-Cola, Fanta, Sprite, and Ciel brand names. FEMSA Cerveza manufactures and markets beer and flavored alcoholic beverages under the Sol, Dos Equis, Tecate, Bohemia, Kaiser Pilsen, and Bavaria Pilsen brand names. In addition, it produces glass bottles, aluminum cans, and crown caps. FEMSA Comercio operates a chain of convenience stores under the trade name Oxxo in Mexico that offers beer, bread, snacks, and soft drink products. As of December 31, 2006, the company operated approximately 4,800 stores. It also engages in producing and distributing labels, plastic cases, coolers, and commercial refrigeration equipment, as well as providing transportation logistic and maintenance services. The company was founded in 1890. It was formerly known as Fomento Economico Mexicano, S.A. de C.V. and changed its name to Fomento Economico Mexicano, S.A.B. de C.V. in December 2006. The company is based in Monterrey, Mexico.