HOME
The Info List - FEMSA


--- Advertisement ---



Fomento Económico Mexicano, S.A.B. de C.V., doing business as FEMSA, is a Mexican multinational beverage and retail company headquartered in Monterrey, Mexico. It operates the largest independent Coca-Cola bottling group in the world and the largest convenience store chain in Mexico. It is also the second largest shareholder of Heineken International. FEMSA
FEMSA
reported revenues of US$19.2 billion for 2014, making it the fifth largest company of Mexico.[1] It has operations in Latin America and the Philippines, mainly through bottling plants. It is well known in Mexico
Mexico
for its convenience store chain Oxxo, its previously owned Cuauhtémoc Moctezuma Brewery
Cuauhtémoc Moctezuma Brewery
(exchanged in 2010 for a 20% stake in Heineken), and for being the owner of the C.F. Monterrey, a Mexican First-Division football team. FEMSA
FEMSA
is listed on the Mexican Stock Exchange
Mexican Stock Exchange
since 1978 and in the NYSE
NYSE
through ADRs since 1998. It is a constituent of the IPC, the main benchmark index of the Mexican Stock Exchange, and of the S&P Latin America
Latin America
40, which includes leading, blue chip companies from Latin America.

Contents

1 Origins 2 FEMSA
FEMSA
Divisions

2.1 Coca-Cola
Coca-Cola
FEMSA 2.2 FEMSA
FEMSA
Comercio 2.3 Investment in the Beer
Beer
Industry 2.4 FEMSA
FEMSA
Negocios Estratégicos

2.4.1 FEMSA
FEMSA
Logística 2.4.2 Imbera 2.4.3 Plásticos Técnicos Mexicanos (PTM)

3 Cascade Investments LLC 4 Lácteos Santa Clara 5 Subsidiaries 6 See also 7 References

Origins[edit] FEMSA's roots can be traced back to the foundation of Cervecería Cuauhtémoc in 1890 by Isaac Garza de la Garza (married to Consuelo Sada Muguerza), Francisco G. Sada Muguerza, Alberto Sada Muguerza, José Muguerza Crespo, José Calderón Muguerza, and José María Schneider. Cervecería Cuauhtémoc was close to bankruptcy when its founders were forced to leave the country, after the brewery was taken over by Villistas and Carrancistas during the Mexican Revolution
Mexican Revolution
in 1910. By 1936, the Garza and Sada families owned two interrelated groups, the Cervecería Cuauhtémoc and the Vidriera Monterrey. In 1936 both families decided to reorganize their stock holdings through the creation of Valores Industriales S.A. (later known as FEMSA) as a holding company to control both families' shares, especially Cervecería Cuauhtémoc and FAMOSA (Fábricas Monterrey, S.A.). In 1988, after restructuring the company's debt, FEMSA
FEMSA
(Fomento Económico Mexicano, S.A. de C.V.), the main subsidiary of VISA, was constituted by Eugenio Garza Lagüera, bringing together the beer, packaging, soft-drink and retail companies. FEMSA
FEMSA
Divisions[edit] FEMSA
FEMSA
is divided into four business units: Coca-Cola
Coca-Cola
FEMSA[edit] FEMSA
FEMSA
owns 47.9% of the world's second largest bottler of Coca-Cola, Coca-Cola
Coca-Cola
FEMSA, S.A. de C.V. (NYSE: KOF), which operates in ten countries covering the metropolitan area of Mexico
Mexico
City, southeast Mexico, Central America, South America and the Philippines. Coca-Cola FEMSA
Coca-Cola FEMSA
is the anchor bottler of Coca-Cola
Coca-Cola
and its related soft drink products in much of Latin America. The company is an important part of the Coca-Cola
Coca-Cola
System. Coca-Cola FEMSA
Coca-Cola FEMSA
distributes about 10% of the worldwide production of Coca-Cola
Coca-Cola
products. This makes it, after Coca-Cola
Coca-Cola
Enterprises the second largest Coca-Cola bottler in the world. The company is owned 47.9% by FEMSA, 28.1% by The Coca-Cola
Coca-Cola
Company and the remaining interest trades on the New York Stock Exchange
New York Stock Exchange
and the Mexico
Mexico
City Stock Exchange.[2] The company is headquartered in Monterrey. The company is the bottler of Coca-Cola
Coca-Cola
in half of Mexico
Mexico
(including Mexico
Mexico
City, Oaxaca, Tabasco, Guanajuato, Querétaro, Veracruz, Puebla and Michoacan) the Buenos Aires
Buenos Aires
region of Argentina, São Paulo
São Paulo
and other areas of Brazil, greater Guatemala
Guatemala
City, Guatemala, most of Colombia, and all of Costa Rica, Nicaragua, Panama, Venezuela
Venezuela
and the Philippines. In 2015, the company distributed 3.4 billion unit cases of soft drinks. A unit case is 24 8-oz. servings (roughly 5.678 liters). The company also distributes beer and bottled water in some of its territories.[3] On December 19, 2006, Coca-Cola FEMSA
Coca-Cola FEMSA
announced its attempt to buy out Mexican juice producer Jugos del Valle. It was acquired in 2007. On 29 June 2011, was announced that FEMSA
FEMSA
will merge to the bottling division of Grupo Tampico, agreeing to pay 9.3 billion pesos (790 million dollars) in stock for the Coke bottling operations of Grupo Tampico.[4] In September 2011, Coca-Cola FEMSA
Coca-Cola FEMSA
acquired Grupo Cimsa, a Coke bottler in Morelos, Mexico, Guerrero and Michoacan.[5] FEMSA
FEMSA
Comercio[edit] FEMSA
FEMSA
Comercio operates OXXO, the leading convenience store chain in Mexico
Mexico
and a growing portfolio of other small-format retail chains in Latin America, as well as a network of retail service stations for fuel, lubricants and car care products in Mexico.[6] Investment in the Beer
Beer
Industry[edit] On January 11, 2010, the Dutch brewing company Heineken
Heineken
International purchased FEMSA
FEMSA
Cerveza, the beer operations of FEMSA, in a stock swap that left FEMSA
FEMSA
a 20% owner in the Heineken
Heineken
overall.[7][8][9] FEMSA
FEMSA
Cerveza previously owned Cervecería Cuauhtémoc Moctezuma, the second largest brewer in Mexico, just after Grupo Modelo. Since January 2006, FEMSA
FEMSA
also owned 68% of FEMSA
FEMSA
Cerveja Brasil, a South American brewery founded in 1982 in Brazil
Brazil
as "Cervejarias Kaiser."[10] By 2005 the brewery had 8.7% of the market share in Brazil
Brazil
with annual production of 2,500 million litres. The brand was bought by Molson
Molson
in 2002. Following the sale to FEMSA, Molson
Molson
retained 15% of the company along with a seat on the board.[11] FEMSA
FEMSA
Negocios Estratégicos[edit] FEMSA
FEMSA
Negocios Estratégicos (formerly known as FEMSA
FEMSA
Insumos Estratégicos) provides logistics, point-of-sale refrigeration solutions and plastics solutions to FEMSA's business units and third-party clients.[12] It is subsequently divided into: FEMSA
FEMSA
Logística[edit] FEMSA
FEMSA
Logística is in charge of the primary distribution (from production points to warehouses) of both Coca-Cola FEMSA
Coca-Cola FEMSA
and Heineken, as well as product delivery from warehouse to sales location for FEMSA Comercio. It is also in charge of repairing and maintaining all of FEMSA's motorized vehicles. FEMSA
FEMSA
Logística functions through operational bases, relief bases and cross-docks, and warehouses that are located throughout the country, and currently expanding into South America. It also provides logistics services to third parties. Imbera[edit] Imbera, formerly known as Vendo de México, S.A. de C.V. (VENDO), is the #1 global commercial refrigeration manufacturer in the world. With facilities in Mexico, Colombia, and Brazil, Imbera exports to 45 different countries and maintains alliances in Argentina, Turkey, Pakistan, and the Philippines. In addition, Imbera has sales offices in 8 countries and provides equipment maintenance in 9, including the US and Canada.[13] Plásticos Técnicos Mexicanos (PTM)[edit] PTM provides solutions and develops "plastic transformation projects" tailored to FEMSA
FEMSA
Enterprises and third-party clients in terms of materials handling, automobiles, and food/beverages. Their capacity includes the different plastic manufacturing processes: blowing, injecting, heat forming, and extrusion.[14] Cascade Investments LLC[edit] On December 20, 2007, Cascade Investments LLC, whose main partner is Bill Gates, announced it will invest $390 million in FEMSA.[citation needed] Lácteos Santa Clara[edit] In July 2012, FEMSA
FEMSA
announced that it had purchased Lácteos Santa Clara, one of the largest dairy bottlers in Mexico.[15] Subsidiaries[edit] In 2013 the FEMSA
FEMSA
group acquired an 80% holding in the Mexican arm of restaurant chain Gorditas
Gorditas
Doña Tota for $120 MDD, their interest being limited to operations within Mexico.[16] Operations within the United States remain in the hands of the original business owners.[17] The company operates as a subsidiary of Femsa Comercio S.A. de C.V.[18] As of 2017 the company claims more than 200 restaurants in 60 Mexican cities and towns.[19][20] Gorditas
Gorditas
Doña Tota started in 1952 when Carlota Murillo of Ciudad Victoria, Tamaulipas
Ciudad Victoria, Tamaulipas
began selling gorditas on the street, from a cart on the sidewalk.[19] See also[edit]

Mexico
Mexico
portal Companies portal Drink
Drink
portal

Beer
Beer
in Mexico Heineken
Heineken
International Mexican Coke, pertaining to the importation of Mexican Coca-Cola products containing cane sugar into other North American markets, including those of FEMSA List of companies traded on the Bolsa Mexicana de Valores List of Mexican companies Economy of Mexico

References[edit]

^ "Top 10 del Ranking 2014". CNN Expansión. Archived from the original on 2014-06-27. Retrieved 2014-06-26.  ^ " FEMSA
FEMSA
- Corporate Structure". Retrieved 2016-03-30.  ^ [1] FEMSA.com ^ Elinor Comlay (29 June 2011). "Mexico's Coca-Cola FEMSA
Coca-Cola FEMSA
open to more deals". Reuters.com. Retrieved 30 June 2011.  ^ Guthrie, Amy. "Mexico's Coca-Cola
Coca-Cola
Femsa to buy bottler Cimsa". MarketWatch. Retrieved 2015-04-12.  ^ " FEMSA
FEMSA
Annual Report 2015". Retrieved 2016-03-30.  ^ FEMSA
FEMSA
Press release - FEMSA
FEMSA
Agrees to Exchange Beer
Beer
Operations for 20% Economic Interest in Heineken ^ FEMSA
FEMSA
Press release - Mexican Antitrust Commission approves FEMSA's strategic transaction with Heineken ^ " Heineken
Heineken
agrees Mexican beer deal". BBC News. January 11, 2010. Retrieved May 2, 2010.  ^ FEMSA
FEMSA
Press release - FEMSA
FEMSA
Acquires Controlling Stake in Brazilian Brewer Kaiser ^ Molson
Molson
Coors Press release ^ " FEMSA
FEMSA
Negocios Estratégicos". Retrieved 2016-03-30.  ^ "Imbera Cooling". Retrieved 2016-03-30.  ^ "PTM". Retrieved 2016-03-30.  ^ "Vía Jugos del Valle, FEMSA
FEMSA
toma control del productor de lácteos Santa Clara 2012/07/04 Excélsior" (in Spanish). Excelsior.com.mx. Retrieved 2017-12-13.  ^ Redacción. "Femsa, adquiere el 80% de "Doña Tota"".  ^ " FEMSA
FEMSA
adquiere por 120 mdd a Gorditas
Gorditas
Doña Tota".  ^ "Company Overview of Gorditas
Gorditas
Dona Tota S.A. de C.V." bloomberg.com. Bloomberg. Retrieved 4 December 2017.  ^ a b "Este mapa te muestra el origen de las 32 marcas más populares de México" [This map shows you the origin of the 32 most popular brands in Mexico]. Vangardia.mx. 12 September 2017. Retrieved 1 December 2017. La receta de gorditas de esta mujer se puede encontrar ahora en más de 60 ciudades y 200 restaurantes. [This woman's recipe for gorditas can now be found in more than 60 cities and 200 restaurants.]  ^ "Corporate website". donatota.com. Gorditas
Gorditas
Dona Tota. Retrieved 4 December 2017. 

v t e

Selected IPC companies of Mexico

Alfa Alpek Alsea América Móvil Arca Continental Banorte BanRegio Cemex Coca-Cola
Coca-Cola
FEMSA Comercial Mexicana Compartamos Banco Empresas ICA FEMSA Genomma Lab Internacional Gruma Grupo Aeroportuario del Pacífico Grupo Aeroportuario del Sureste Grupo Bimbo Grupo BMV Grupo Carso Grupo Elektra Grupo Lala Grupo México IEnova Inbursa Industrias CH Kimberly-Clark de México Liverpool Mexichem OHL México Peñoles Pinfra Santander México Televisa Walmart de México y Centroamérica

v t e

S&P Latin America
Latin America
40 companies (as of June 30, 2014)

Alfa AmBev América Móvil Bradesco Banco de Chile Banco do Brasil Banco Santander-Chile Bancolombia Banorte BM&F Bovespa BRF Buenaventura CCR Cemex CEMIG Cencosud Cielo CSN CPFL Energia Credicorp Ecopetrol Embraer Empresas CMPC Empresas Copec Enel Américas Enel Generación Chile FEMSA Gerdau Grupo Elektra Itaú Unibanco Itaúsa LATAM Airlines Group Petrobras S.A.C.I. Falabella SQM Southern Copper Televisa Ultrapar Vale

.