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Slide #10. FEMSA Comercio — 80% of Doa Tota
FEMSA Comercio (NYSE:FMX)
80% of Doa Tota
Fomento Econmico Mexicano, S.A.B. de C.V. ("FEMSA") (NYSE: FMX) (BMV: FEMSAUBD) (BMV: FEMSAUB) announced today that its retail subsidiary FEMSA Comercio has agreed to acquire an investment stake representing 80% of Doa Tota, a leading quick-service restaurant operator, with the founding shareholders staying as partners with the remaining 20%.
Fomento Economico Mexicano participates in the following businesses: in the beverage industry, via Coca-Cola FEMSA, S.A.B. de C.V., the franchise bottler of Coca-Cola products; in the retail industry, through FEMSA Comercio, S.A. de C.V, comprising of the Proximity Division, operating the OXXO small-format store chain, the Fuel Division, operating the OXXO GAS chain of retail service stations and the Health Division, which includes drugstores and related operations; in the beer industry, through the Heineken Investment; and in other ancillary businesses, through its Other Businesses, including logistics services, point-of-sale refrigeration, food processing equipment and plastics solutions.
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