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Fomento Econ (FEMSAUBD.MX)

124.19 Down 1.32(1.05%) 4:09PM EDT
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Fomento Econ
General Anaya No. 601 Pte.
Colonia Bella Vista
Monterrey, NL 64410
Mexico - Map
Phone: 52 818 328 6000

Index Membership:N/A
Sector:Consumer Goods
Industry:Beverages - Soft Drinks
Full Time Employees:212,564

Business Summary 

Fomento Económico Mexicano, S.A.B. de C.V., through its subsidiaries, operates as a bottler of Coca-Cola trademark beverages and a chain of small-format stores. It produces, markets, sells, and distributes Coca-Cola trademark beverages, including sparkling beverages, such as colas and flavored sparkling beverages; waters; and still beverages, such as juice drinks, coffee, teas, milk, value-added dairy products, and isotonic drinks. The company also operates a chain of small-format stores under the OXXO brand name in Mexico, as well as operates other small-format stores, which include soft discount stores with a focus on perishables and liquor stores. As of December 31, 2013, it operated 11,721 OXXO stores, of which 11,683 are located in Mexico, and 38 stores are located in Bogotá, Colombia. In addition, the company offers various logistics and vehicle maintenance services; and vertical and horizontal commercial refrigerators for the soft drink, beer, and food industries. It has operations in Mexico, Central America, Colombia, Venezuela, Brazil, Argentina, Costa Rica, Guatemala, Nicaragua, Panama, and the Philippines. The company was founded in 1890 and is headquartered in Monterrey, Mexico.

Key Statistics

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Key Executives 
Mr. Jos Antonio Fern , 60
Exec. Chairman
Mr. Carlos Vicente Salazar Lomel , 63
Chief Exec. Officer and Director
Mr. Javier Gerardo Astaburuaga Sanjin , 55
Chief Financial & Strategic Devel. Officer and Corp. VP
Mr. Jos Gonz Ornelas , 63
VP of Admin. & Corp. Control
Mr. Carlos Eduardo Aldrete Ancira , 58
Gen. Counsel and Sec. of The Board of Directors
Amounts are as of and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in MXN.