FEMSA: brands it owns and its ownership tree
FEMSA (NYSE: FMX, BMV: FEMSAUBD) is a publicly listed company headquartered in Monterrey, Mexico that owns 3 consumer brands.[1][2]
FEMSA runs the OXXO convenience store chain, the largest small-format retail network in Latin America, along with fuel stations, pharmacies and a European convenience business acquired with the Swiss group Valora. It also controls Coca-Cola FEMSA, the largest Coca-Cola bottler in the world by volume. The company began as a brewery in Monterrey in 1890 and sold that business to Heineken in 2010, taking a stake in the Dutch brewer in exchange.
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brands owned
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divestitures recorded
Company facts
- Legal name
- Fomento Económico Mexicano, S.A.B. de C.V. (also Mexican Economic Development)
- Type
- publicly listed company · see all publicly listed company owners
- Headquarters
- 🇲🇽 Monterrey, Mexico
- Founded
- 1890
- Tickers
- NYSE: FMX BMV: FEMSAUBD
- Revenue
- MX$781.6 billion (2024)[2]
- SEC CIK
- 0001061736
- Website
- www.femsa.com
- Last verified
- · 2 sources
What FEMSA's annual report says about its business
Read from FEMSA's latest annual filing[1]. Each line gives the sentence the filing uses, copied word for word.
Segments the filing names
- Coca-Cola FEMSA, Proximity Americas Division, Proximity Europe Division, Fuel Division, Health Division:
The following table presents an overview of our operations by relevant reportable segment and by geographic area: Operations by Reporting Segment Overview Year Ended December 31, 2025 and % of growth (decrease) vs. previous year Coca-Cola FEMSA Proximity Americas Division Proximity Europe Division Fuel Division Health Division Others & Consolidation Adjustments
- Other Businesses:
Spin does not meet the quantitative thresholds according with IFRS in relation with FEMSA's consolidated financial results to be considered as a separate reportable segment, therefore, its financial results are included in our Other Businesses segment.
Acquisitions and disposals named in the filing
- Acquired: Envoy Solutions (October 2023).
In October 2023, as part of our FEMSA Forward strategy, we merged Envoy Solutions, LLC ("Envoy Solutions") with IFS Topco, LLC ("Brady") and obtained an ownership stake of 37.08% in the combined entity, currently doing business as BradyPLUS.
- Acquired: Net Pay, S.A.P.I. de C.V. (March 2023).
In March 2023, we acquired the remaining 85.18% shares of Net Pay, S.A.P.I. de C.V., a merchant aggregator that offers several payment services and solutions to micro, small and medium-sized businesses in Mexico.
- Acquired: Delek's retail operations.
In addition, the Proximity Americas Division strategically expanded our retail footprint into the U.S. market through the acquisition of Delek's retail operations consisting of 249 convenience stores and 244 fuel stations located mainly in Texas.
- Sold or exited: our refrigeration and foodservice equipment operations, Imbera and Torrey (November 2024), Ps. 8,000 million.
In November 2024, we finalized the divestment of our refrigeration and foodservice equipment operations, Imbera and Torrey, to Mill Point Capital LLC, a U.S.-based private equity firm, for a total amount of approximately Ps. 8,000 million, on a cash-free, debt-free basis.
- Sold or exited: our equity interests in Heineken (May 2025), approximately 359 million.
In May 2025, we completed the sale of our equity interests in Heineken in an amount of approximately 359 million.
FEMSA in numbers
- FEMSA owns 3 consumer brands tracked here across 1 top-level categories; the largest is home, garden & diy with 3 brands.[1]
FEMSA financial history
Headline figures from FEMSA's annual reports filed with the US Securities and Exchange Commission, in MXN as reported, fiscal years ending 2019–2024.
| Fiscal year ended | Revenue | Operating income | Operating margin | Net income | Total assets | Long-term debt | Filing |
|---|---|---|---|---|---|---|---|
| — | — | — | MX$40.2bn | MX$851.5bn | MX$141.5bn | 20-F | |
| — | — | — | MX$76.7bn | MX$805.9bn | MX$128.4bn | 20-F | |
| — | — | — | MX$34.7bn | MX$798.8bn | MX$173.4bn | 20-F | |
| — | — | — | MX$37.7bn | MX$737.5bn | MX$185.9bn | 20-F | |
| — | — | — | MX$3.76bn | MX$684.8bn | MX$179.9bn | 20-F | |
| MX$506.7bn | — | — | MX$28bn | MX$637.5bn | MX$101.7bn | 20-F |
Source: SEC XBRL company facts. A dash means the company did not report that line in a form we could read. Figures for a year can be restated in a later filing; the latest filing's number is shown.
Everything FEMSA owns
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
Full-screen interactive tree →
Brand portfolio by category
FEMSA in the global legal-entity registry
The Global Legal Entity Identifier Foundation (GLEIF) keeps an open register of legal entities. Each entity reports its own parents. We show it as a cross-check on the ownership recorded on this page, which is built from filings.
- Legal entity identifier (LEI)
- 549300A8MDWDJNMLV153
- Registered name
- FOMENTO ECONOMICO MEXICANO S A B DE C V (MX)
- Registration status
- Issued · record updated 22 July 2026
- Parent
- None named: it reports that no person or entity controls it.
- Retrieved
- · GLEIF record (JSON)
FEMSA SEC filings
The documents behind the figures on this page, as listed in the SEC's EDGAR index. Each links to the filing itself.
Annual reports
- Annual report (foreign issuer), filed (20-F)
- Annual report (foreign issuer), filed (20-F)
- Annual report (foreign issuer), filed (20-F)
- Annual report (foreign issuer), filed (20-F)
- Annual report (foreign issuer), filed (20-F)
- Annual report (foreign issuer), filed (20-F)
Recent current and quarterly reports
| Filed | Form | What it declares |
|---|---|---|
| 6-K | Report of a foreign private issuer | |
| 6-K | Report of a foreign private issuer | |
| 6-K | Report of a foreign private issuer | |
| 6-K | Report of a foreign private issuer | |
| 6-K | Report of a foreign private issuer | |
| 6-K | Report of a foreign private issuer | |
| 6-K | Report of a foreign private issuer | |
| 6-K | Report of a foreign private issuer |
Frequently asked questions
What brands does FEMSA own?
FEMSA owns 3 consumer brands tracked here, including OXXO, Bara and OXXO Gas.
Is FEMSA a Mexican company?
Yes. FEMSA is headquartered in Monterrey, Mexico and was founded in 1890.
Who owns FEMSA?
FEMSA is a publicly listed company owned by its shareholders; it trades as FMX on the NYSE and FEMSAUBD on the BMV.
Sources (2) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] Fomento Económico Mexicano, S.A.B. de C.V. Annual Report on Form 20-F filed 2026-04-24 — SEC EDGAR, SEC Form 20-F, published 24 April 2026; retrieved 16 September 2026.
- [2] Fomento Económico Mexicano, S.A.B. de C.V.: Form 20-F for the year ended 2024-12-31 (revenue) — SEC EDGAR, SEC Form 20-F, published 24 April 2025; retrieved 4 October 2026.
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