Fomento Economico Mexicano

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Is FEMSA trying to bloody Heineken's nose?

On the surface, it looks pretty clear-cut. Give it a scratch, though, and there could be a little more to FEMSA’s Heineken stake sale than f...

The season of Japanese goodwill in M&A - Comment

It is an established fact that, desperate for growth outside of their stagnant home market, Japanese companies have frequently had to pay a...


Lucy Britner | 2 Jun 2016

Yesterday, The Coca-Cola Co and Coca-Cola FEMSA agreed to acquire Unilever's AdeS soy-based beverage business, in a move to bolster their non-carbonates portfolios. Here, we take a closer look at AdeS and why Coca-Cola has bought it. 


Olly Wehring | 9 Feb 2016

Earlier this week, Bernstein released the fourth edition of its annual global beer guide. With commentary from the sell-side research and brokerage firm, here's a look at the report's significant research conclusions.


Olly Wehring | 18 Aug 2015

The non-alcoholic bottling landscape in Latin America is ripe for consolidation. Reports out of the region this week, claiming three major Coca-Cola system bottlers have opened talks about a merger, are not surprising, then. What is of note, however, is that of the 25 major players in LatAm's Coke bottling system, the three concerned are the region's largest.


Olly Wehring | 7 Aug 2015

Yesterday saw the announcement of a merger of three Coca-Cola bottlers in Western Europe. Here, just-drinks looks at the details behind the deal:

Latest Interviews

Olly Wehring | 26 May 2011

In part one of my interview with Heineken's CEO, Jean-François van Boxmeer, which ran earlier this week, we took a close look at the brewer's purchase of FEMSA Cerveza last year. We also started a world tour of beer markets, discussing Europe, Russia, Brazil and Mexico.


Olly Wehring | 26 May 2011

In part one of my interview with Heineken's CEO, Jean-François van Boxmeer, which ran earlier this week, we took a close look at the brewer's purchase of FEMSA Cerveza last year. We also started a world tour of beer markets, discussing Europe, Russia, Brazil and Mexico.

Latest News

Olly Wehring | 19 Sep 2017

Mexican group FEMSA has sold off just over 5% of the 20% stake it holds in Heineken, bringing in almost US$3bn.


Lucy Britner | 30 Aug 2017

FEMSA has appointed a new CEO, following the present incumbent's decision to retire.


Lucy Britner | 17 May 2017

Coca-Cola FEMSA has decided not to pursue the acquisition of certain bottler territories in the US market. 


Olly Wehring | 30 Mar 2017

The Coca-Cola Co has completed its acquisition of the AdeS soy-based drinks business from Unilever.


Olly Wehring | 27 Feb 2017

Coca-Cola FEMSA has reported a rise in sales for 2016, with volumes dropping back in the period.


Andy Morton | 26 Oct 2016

Coca-Cola FEMSA has posted a jump in nine-month sales as it upped prices and found volumes growth in its domestic Mexican market.


Lucy Britner | 1 Jun 2016

The Coca-Cola Co and Coca-Cola FEMSA have agreed to acquire Unilever's AdeS soy-based beverage business, as the companies look to bolster their non-carbonates portfolio.


Andy Morton | 30 Oct 2015

Coca-Cola Andina has beaten currency headwinds to post a leap in nine-month profits.


Lucy Britner | 29 Oct 2015

Currency headwinds have hampered Coca-Cola FEMSA’s third quarter and year-to-date performance. 


Lucy Britner | 22 Oct 2015

The Coca-Cola Co has welcomed news that Mexico may cut its sugar tax.


Olly Wehring | 11 Sep 2015

Arca Continental has acquired majority control of Corporacion Lindley, the sole Coca-Cola bottler in Peru, in the latest bottler consolidation move in the Coca-Cola system.


Olly Wehring | 18 Aug 2015

Three of the four largest Coca-Cola bottlers in Latin and South America have opened initial talks about a possible merger, according to local reports.


Olly Wehring | 12 Aug 2015

Here's a look at what was happening on this day in...


Olly Wehring | 11 Aug 2015

Here's a look at what was happening on this day in...


Olly Wehring | 31 Jul 2015

Here's a round-up of this week's highlights in the global soft drinks & bottled water category. We are also running similar round-ups for beer and spirits & wine.


Olly Wehring | 27 Jul 2015

Coca-Cola FEMSA has seen its half-year and second-quarter volumes flatline, as the decision to move its Venezuelan unit to a new government-regulated currency exchange rate continues to skew its numbers.


Andy Morton | 19 Jun 2015

Here's a round-up of this week's highlights in the global soft drinks & bottled water category. We are also running similar round-ups for beer and spirits & wine.


Andy Morton | 19 Jun 2015

Here's a round-up of this week's highlights in the global soft drinks & bottled water category. We are also running similar round-ups for beer and spirits & wine.


Olly Wehring | 15 Jun 2015

Coca-Cola FEMSA has officially opened two new production facilities, one in Brazil with the other in Colombia.


Olly Wehring | 28 May 2015

Here's a look at what was happening on this day in...


Olly Wehring | 1 May 2015

Here's a round-up of this week's highlights in the global soft drinks & bottled water category. We are also running similar round-ups for beer and spirits & wine.


Olly Wehring | 30 Apr 2015

Here's a look at what was happening on this day in...

Company research

FEMSA (Fomento Economico Mexicano SA de CV) in Soft Drinks (Mexico)

FEMSA (Fomento Economico Mexicano SA de CV) in Soft Drinks (

Although the core business of the company is soft drinks production and it is the main bottler of the brands owned by The Coca-Cola Co, FEMSA seeks to diversify from soft drinks as the company has rep...

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FEMSA (Fomento Economico Mexicano SA de CV) in Soft Drinks (Colombia)

FEMSA (Fomento Economico Mexicano SA de CV) in Soft Drinks (

FEMSA is the second-most-important player in soft drinks in retail, where it participates with strongly positioned brands such as Coca-Cola, Sprite, Fanta and Brisa (bottled water)....

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Naturally Healthy Beverages in Colombia

Naturally Healthy Beverages in Colombia

Colombia has a low per capita consumption of tea, although strong retail volume growth was recorded over the review period. The ongoing health and wellness trends which continue to gain ground in the...

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