We began operations in 1890 with the founding of our brewery in Monterrey, Mexico. Today, over a century later, we are a global leader company in the beverage and retail industry.
Our core businesses are beverages and our fast-growing chain of small-format stores, OXXO. Also, we have recently entered in the drugstore segment in Mexico with Farmacias YZA, Farmacias FM Moderna, Farmacon and Generix, and a majority stake in Socofar, which operates over Cruz Verde drugstores in Chile and Colombia and Maicao beauty stores in Chile. And finally operating gas stations under the brand OXXO GAS in Mexico.
On April 30, 2010, FEMSA announced the closing of the transaction pursuant to which FEMSA agreed to exchange 100% of its beer operations for a 20% economic interest in the Heineken Group, through this transaction we will increase our scale and geographic reach competing effectively.
The combination of our production, distribution, and sales infrastructure creates a strong platform for growth in Latin America.
Leading Market Position
We operate in 12 countries across diverse economies and cultures, serving more than 357 millions of consumers in our markets.
Broad Portfolio of Top Brands
Our differentiated portfolio of beverages comprises more than 165 soft-drinks including brand Coca-Cola, one of the most widely recognized brands in the world, like Jugos del Valle, Powerade, Santa Clara and Andatti, our premium coffee brand which is exclusively sells in our OXXO stores.
Well-developed Distribution Network
We sell our beverages close to 2.9 million points of sale throughout Latin America.
Sophisticated Information Systems
We have made significant investments in information-gathering and processing systems that enable us to improve the efficiency and efficacy of our production, marketing, and distribution processes.
Proven Record of Profitable Growth
From 2006 to 2016, our total revenues and income from operations have increased at annual compound growth rates of 16% and 13% respectively.