FEMSA announces agreement with TRAXIÓN to divest certain of FEMSA’s logistics operations
This transaction represents an additional step in the continued execution of the FEMSA Forward plan that was communicated in February of 2023. The transaction is subject to regulatory approvals and other customary conditions and is expected to close in the following months.
Mexican behemoth Fomento Economico Mexicano has agreed to sell logistics operations to Mexican trucking firm Grupo Traxion for 4 billion pesos ($205 million) as the conglomerate continues to shed ...
Grupo Traxion has grown significantly via acquisitions and high CAPEX, but its capital-hungry businesses force a trade-off between debt control and growth. The company operates in low-margin ...
FEMSA has been doing well in the digital space through its tech and innovation unit, Digital@FEMSA. This unit aims at ...
Fomento Economico Mexicano, S.A.B. de C.V. or FEMSA (FMX), a Mexican beverage and retail company, announced on Thursday that it has ...
We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...
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