FMX
NYSE · Consumer Defensive · Beverages - Alcoholic · MX
Fomento Económico Mexicano, S.A.B. de C.V. (NYSE:FMX) is a Mexican multinational corporation founded in 1890 and headquartered in Monterrey, Mexico. Originally established as a brewery, FEMSA has evolved into one of Latin America's largest retail and beverage companies. The company operates through multiple business segments including convenience stores, pharmacies, gas stations, and maintains a significant stake in Coca-Cola FEMSA, the world's largest Coca-Cola bottler by volume. FEMSA has undergone significant strategic transformation in recent years, divesting from its traditional beer business (Heineken stake) to focus on proximity retail, health services, and digital platforms across Latin America and Europe.