Fomento Económico Mexicano, S.A.B. de C.V. (FMX) NYSE

85.18

-0.07(-0.08%)

Updated at August 18 02:58PM

Currency In USD

Fomento Económico Mexicano, S.A.B. de C.V.

Address

General Anaya Nº 601 Pte.

Monterrey, NL 64410

Mexico

Phone

52 818 328 6000

Sector

Consumer Defensive

Industry

Beverages - Alcoholic

Employees

394010

First IPO Date

May 11, 1998

Key Executives

NameTitlePayYear Born
Mr. Jose Antonio Fernandez Garza-LagueraChief Executive Officer of Proximity & Health Division01954
Mr. Juan Carlos GuillermetyChief Executive Officer of Spin01978
Mr. Alfonso Garza GarzaChief Executive Officer of Negocios Estratégicos & Director01962
Mr. Jose Antonio Vicente Fernandez CarbajalExecutive Chairman of the Board & Chief Executive Officer01954
Mr. Ian Marcel Craig GarcíaChief Executive Officer of Coca-Cola01972
Mr. Alejandro Gil OrtizSecretary of the Board of Directors & General Counsel01980
Mr. Raymundo Yutani VelaVice President of Human Resources01958
Mr. Martin Felipe Arias YanizChief Financial Officer01967
Mr. Gerardo Estrada AttoliniDirector of Administration & Corporate Control01957
Mr. Juan F. FonsecaVice President of Investor Relations0N/A

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.