Femsa is the operator of the OXXO convenience store chain with over 24,000 stores in Mexico and nine other countries, including Brazil, Colombia, Chile, Ecuador, and several central American countries. It also owns 2,700 Valora convenience stores in Switzerland, Germany, and Austria and 4,667 pharmacies. It recently bought the 249 store Delek chain in the southwest US.
Coca-Cola Femsa (NYSE: KOF) is the largest bottler in the Coca-Cola system, with 56 bottling plants and 251 distribution centres in nine countries in Latin America, including Mexico, Brazil, Colombia, Chile, Argentina, and several central American countries.
Income Investor
Femsa is for investors wanting a defensive investment giving exposure to growing consumer incomes in Latin America. It has a conservative balance sheet and a renewed focus on its rapidly growing convenience store business, which is now extending into the southern US. - Gavin Graham
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FMX was first recommended here on March 29, 2025