FEMSA Snapshot
From soda pop to shops, FEMSA is quenching Mexico's thirsty throats. Fomento Económico Mexicano, or FEMSA, is a top soft drink bottler and convenience store operator in Latin America. Its Coca-Cola FEMSA subsidiary is the world's largest Coca-Cola bottler. FEMSA bottles Coca-Cola, Sprite, other soft drinks, juices, and water in nine Latin American countries. FEMSA also owns 9,000 OXXO convenience stores in 31 Mexican states, primarily in the northern part of the country, through its FEMSA Comercio subsidiary. FEMSA was a major beer brewer in Mexico and Brazil, as well, through its former FEMSA Cerveza subsidiary. It brewed Carta Blanca, Indio, Sol, and Tecate beer until the unit was sold to Heineken in 2010.