Mexican behemoth Fomento Economico Mexicano has agreed to sell logistics operations to Mexican trucking firm Grupo Traxion ...

El gigante mexicano Fomento Económico Mexicano (Femsa) acordó vender sus operaciones logísticas a la empresa mexicana de ...

Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced it has reached a definitive agreement with Grupo Traxión, S.A.B. de C.V (BMV: ...

FEMSA has been doing well in the digital space through its tech and innovation unit, Digital@FEMSA. This unit aims at ...

Traxion is buying operations including transport and warehousing in Mexico that operated under the Solistica brand, as well as some in Colombia and Brazil, cash and debt free, Femsa said in a ...

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 ...

The agreed sale for 4.06 billion pesos ($208 million), free of debt and cash, includes Femsa's transportation management operations in Mexico and contract logistics operations in Mexico, Colombia and ...

Fomento Economico Mexicano, S.A.B. de C.V. or FEMSA (FMX), a Mexican beverage and retail company, announced on Thursday that it has ...

Fomento Economico Mexicano, better known as Femsa, agreed to sell its logistics unit Solística to Mexican transportation company Grupo Traxión as part of its strategy to focus on its core retail ...

Fomento Económico Mexicano, S.A.B. de C.V. ("FEMSA" or the "Company") (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced it has reached a definitive agreement ...