FEMSA assumes full ownership of OXXO Brazil | FMX Stock News

StockTitan
2026.02.02 03:08
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FEMSA has completed the separation from its joint venture Grupo Nós with Raízen in Brazil, assuming full ownership of OXXO stores and a distribution center in Cajamar, São Paulo. This move allows FEMSA to strengthen its retail presence in Brazil, where it operates OXXO and other formats. The company is a significant player in the retail and beverage industries, employing over 392,000 people across 18 countries.