Founding of Cervecería Cuauhtémoc
FEMSA is founded in Monterrey, Mexico, as Cervecería Cuauhtémoc, a brewery. #history #business
By JonathanCE15 - Own work, CC BY-SA 4.0, https://commons.wikimedia.org/w/index.php?curid=74266126
FEMSA (Fomento Económico Mexicano) is a leading Mexican multinational beverage and retail company, founded in 1890 as a brewery. It has grown through strategic acquisitions, diversification into convenience stores (OXXO), and becoming the largest Coca-Cola bottler in Latin America, with a significant presence on the Mexican Stock Exchange (BMV).
FEMSA is founded in Monterrey, Mexico, as Cervecería Cuauhtémoc, a brewery. #history #business
Cervecería Cuauhtémoc begins bottling Coca-Cola, establishing a long-term partnership with The Coca-Cola Company. #partnership #beverage
FEMSA is formally incorporated as Fomento Económico Mexicano, consolidating its brewing and bottling operations. #corporate #history
Cervecería Cuauhtémoc launches Carta Blanca, which becomes one of Mexico's most popular beers. #beer #product
FEMSA introduces Bohemia, a premium beer that becomes a flagship brand. #beer #premium
FEMSA opens the first OXXO convenience store in Monterrey, pioneering the convenience store concept in Mexico. #retail #convenience
FEMSA acquires its first Coca-Cola bottling plant in Mexico City, expanding its soft drink operations. #acquisition #cocacola
FEMSA launches Sol, a light beer that becomes a top seller in Mexico and abroad. #beer #launch
FEMSA goes public on the Bolsa Mexicana de Valores (BMV) under the ticker FEMSAUBD. #finance #ipo
FEMSA expands its Coca-Cola bottling network by acquiring operations in Tijuana. #acquisition #expansion
FEMSA and The Coca-Cola Company create Coca-Cola FEMSA, a joint venture that becomes the largest Coca-Cola bottler in Latin America. #jointventure #bottling
Coca-Cola FEMSA expands into South America by acquiring bottlers in Argentina and Brazil. #international #expansion
FEMSA begins franchising OXXO stores, accelerating its retail growth across Mexico. #retail #franchise
Coca-Cola FEMSA expands into Central America by acquiring a bottler in Guatemala. #acquisition #centralamerica
FEMSA restructures, creating FEMSA Cerveza to focus on beer operations. #restructuring #beer
FEMSA's convenience store chain OXXO reaches 1,000 locations, solidifying its retail footprint. #retail #milestone
Coca-Cola FEMSA enters Venezuela by acquiring a bottling operation. #expansion #venezuela
Coca-Cola FEMSA expands into Colombia, strengthening its South American presence. #acquisition #colombia
FEMSA acquires the Coca-Cola bottling operations in Mexico, consolidating its domestic soft drink business. #acquisition #mexico
FEMSA merges its beer division with Cervecería Cuauhtémoc Moctezuma, creating a major beer conglomerate. #merger #beer
OXXO continues rapid expansion, hitting 5,000 stores in Mexico. #retail #growth
Coca-Cola FEMSA expands into Costa Rica, further penetrating Central America. #acquisition #costarica
FEMSA sells its beer operations to Heineken in a deal worth $7.6 billion, forming Heineken México. This allows FEMSA to focus on Coca-Cola bottling and OXXO. #merger #heineken
Coca-Cola FEMSA expands into Asia by acquiring bottling operations in the Philippines. #international #asia
OXXO achieves 10,000 stores in Mexico, becoming a ubiquitous retail presence. #retail #milestone
FEMSA buys Grupo Comercial Gessa, a pharmacy chain, expanding its healthcare retail division. #acquisition #pharmacy
Coca-Cola FEMSA expands into Panama, strengthening its Central American network. #expansion #panama
FEMSA acquires a majority stake in Envases Universales, a packaging company, integrating vertically. #acquisition #packaging
FEMSA expands OXXO internationally, opening its first stores in Colombia. #international #retail
FEMSA acquires Grupo S, a chain of butcher shops and convenience stores, to diversify retail offerings. #acquisition #retail
Coca-Cola FEMSA expands into Uruguay, completing its coverage of South America. #acquisition #uruguay
FEMSA buys the convenience store network of CEPSA in Mexico, adding hundreds of locations. #acquisition #convenience
OXXO hits 20,000 stores, becoming one of the largest convenience store chains in the world. #retail #milestone
FEMSA sells its majority stake in Envases Universales to focus on core beverage and retail operations. #divestiture #focus
FEMSA enters the foodservice wholesale business by acquiring Jetro Restaurant Depot's Mexican operations. #acquisition #foodservice
FEMSA announces a $1 billion investment in electric trucks and renewable energy for its logistics network. #sustainability #logistics
FEMSA reports record annual revenue of $40 billion, driven by strong OXXO sales and Coca-Cola FEMSA performance. #financial #record
FEMSA announces plans to open OXXO stores in the U.S., targeting the Hispanic market. #expansion #usa