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Blue Chip Growth

Stock Report: Fomento Economico Mexicano SAB de CV Sponsored ADR (FMX) Report Updated: Jun 21, 2016 | Print This Page

Fomento Economico Mexicano SAB de CV Sponsored ADR© quotemedia

Company Profile

Fomento Econůmico Mexicano, S.A.B. de C.V., through its subsidiaries, operates as a bottler of Coca-Cola trademark beverages and a chain of small-format stores. It produces, markets, sells, and distributes Coca-Cola trademark beverages, including sparkling beverages, such as colas and flavored sparkling beverages; waters; and still beverages comprising juice drinks, coffee, teas, milk, value-added dairy products, and isotonic drinks. The company also operates a chain of small-format stores under the OXXO brand name in Mexico, as well as operates other small-format stores, which include soft discount stores with a focus on perishables and liquor stores. As of December 31, 2013, it operated 12,812 OXXO stores in Mexico and 41 OXXO stores in Colombia. In addition, the company offers various logistics and vehicle maintenance services to clients in the beverages, consumer products, and retail industries in Mexico, Brazil, Colombia, Panama, Costa Rica, Nicaragua, and Peru; and vertical and horizontal commercial refrigerators for the soft drink, beer, and food industries. It has operations in Mexico, Central America, Colombia, Venezuela, Brazil, Argentina, and the Philippines. The company was founded in 1890 and is headquartered in Monterrey, Mexico.