Fomento Económico Mexicano, S.A.B. de C.V., or FEMSA, is a company that creates economic and social value through companies and institutions and strives to be the best employer and neighbor to the communities in which it operates. It participates in the following businesses:
In the retail industry, through FEMSA Comercio, comprising:
Proximity Division, which operates the OXXO small-format store chain;
Health Division, which includes drugstores and related activities; and
Fuel Division, which operates the OXXO GAS chain of retail service stations.
In the beverage industry, through Coca-Cola FEMSA, the largest franchise bottler of Coca‑Cola products in the world by volume; and in the beer industry, as a shareholder of HEINEKEN, one of the world’s leading brewers with operations in over 70 countries.
In other ancillary businesses, through FEMSA Strategic Businesses (FEMSA Negocios Estratégicos), including logistics, point-of-sale refrigeration solutions, and plastics solutions for FEMSA’s business units and third-party clients.
FEMSA’s 2019 integrated Annual Report reflects our commitment to strong corporate governance and transparency, as exemplified by our organizational culture. Our financial and sustainability results are for the twelve months ended December 31, 2019 compared to the twelve months ended December 31, 2018.
For more information, please see our 2019 Sustainability Content.