Femsa

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Netherlands: FEMSA sells €2.5 billion stake in Heineken

September 25, 2017

Alcoholic Drinks, Europe, Mergers & Acquisitions

Mexican beverage company FEMSA has announced the sale of a 5.24% stake in beer firm Heineken. According to Heineken, FEMSA has divested 22,485,00 shares in Heineken NV, which represents 3.90% of the issued share capital, at a price of €84.50 ($101.28) per share, and 7,700,00 shares in Heineken Holding NV, representing 2.67% of the issued share capital, at a price of €78 ($93.49) per share. The sale of around €2.5 …

1 MIN READ

Chile: Femsa mulls market entry

August 19, 2015

Food, Latin America, Manufacture & Distribution, Non-Alcoholic Drinks, Retail

Femsa, the Mexican FMCG and retail conglomerate, is preparing to move into Chile, according to a report in America Retail. The company, which is also the world’s largest Coca-Cola bottler, is said to be looking to install its Oxxo retail chain in the country and also to be exploring a partnership with Andina, Chile’s main bottler of Coca-Cola. Currently Femsa has 64 bottling plants in the Philippines and Latin America …

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