Fomento Económico Mexican... (FMXUF)
Company Description
Fomento Económico Mexicano, S.A.B. de C.V., through its subsidiaries, operates as a bottler of Coca-Cola trademark beverages.
The company produces, markets, and distributes Coca-Cola trademark beverages in Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Venezuela, Brazil, Argentina, and Uruguay.
It also operates small-box retail chain stores in Mexico, Colombia, Peru, Chile, and Brazil under the OXXO name; retail service stations for fuels, motor oils, lubricants, and car care products under the OXXO GAS name in Mexico; and drugstores in Chile, Colombia, Ecuador, and Mexico under the Cruz Verde, Fybeca, SanaSana, YZA, La Moderna, and Farmacon names.
In addition, the company is involved in the production and distribution of chillers, commercial refrigeration equipment, plastic boxes, food processing, and preservation and weighing equipment; and provision of logistic transportation, distribution and maintenance, point-of-sale refrigeration, and plastics solutions, as well as distribution platform for cleaning products and consumables.
As of December 31, 2021, it operated 20,431 OXXO stores; 3,652 drugstores; and 567 OXXO GAS service stations.
Fomento Económico Mexicano, S.A.B. de C.V. was founded in 1890 and is based in Monterrey, Mexico.
| Country | MX |
| IPO Date | Feb 7, 2012 |
| Industry | Beverages - Alcoholic |
| Sector | Consumer Defensive |
| Employees | 394,010 |
| CEO | Jose Antonio Vicente Fernandez Carbajal |
Contact Details
Address: General Anaya Nº 601 Pte. Monterrey, NL MX | |
| Website | https://www.femsa.com |
Stock Details
| Ticker Symbol | FMXUF |
| Exchange | PNK |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| CIK Code | n/a |
| CUSIP Number | n/a |
| ISIN Number | MXP320321310 |
| Employer ID | - |
| SIC Code | n/a |
Key Executives
| Name | Position |
|---|---|
| Alfonso Garza Garza | Chief Executive Officer of Negocios Estratégicos & Director |
| Ian Marcel Craig García | Chief Executive Officer of Coca-Cola |
| Jose Antonio Fernandez Garza-Laguera | Chief Executive Officer of Proximity & Health Division |
| Jose Antonio Vicente Fernandez Carbajal | Executive Chairman of the Board & Chief Executive Officer |
| Juan Carlos Guillermety | Chief Executive Officer of Spin |
| Martin Felipe Arias Yaniz | Chief Financial Officer |
| Alejandro Gil Ortiz | Secretary of the Board of Directors & General Counsel |
| Gerardo Estrada Attolini | Director of Administration & Corporate Control |
| Juan F. Fonseca | Vice President of Investor Relations |
| Raymundo Yutani Vela | Vice President of Human Resources |