2020 ANNUAL REPORT

 2020 ANNUAL REPORT

Fomento Económico Mexicano, S.A.B. de C.V., or FEMSA, is a leading company that creates economic and social value through companies and institutions and seeks to be the best employer and neighbor to the communities where it has a presence.

FEMSA participates in the following businesses:

  • In the retail trade, through FEMSA Comercio, comprising:
    • a Proximity Division, which operates the OXXO small-format store chain;
    • a Health Division, which includes pharmacies and related activities; and
    • a Fuel Division, which operates the service stations chain, OXXO GAS.
  • In the beverage industry, through Coca-Cola FEMSA, the largest franchise bottler of Coca-Cola products and trademark beverages in the world by sales volume; and in the beer sector, as a shareholder of HEINEKEN, one of the world’s leading brewers with operations in more than 70 countries.
  • In certain adjacent businesses, through FEMSA Strategic Businesses (FEMSA Negocios Estratégicos), including logistics services; specialized janitorial, cleaning and sanitation products distribution; point-of-sale refrigeration solutions; and plastics products for FEMSA companies and external clients.
 

 

FEMSA’s 2020 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, 2020 compared to the twelve months ended December 31, 2019. For complementary information, please see our 2020 Sustainability Content.