FEMSA Completes the Divestiture of Logistics Operations to Grupo Traxion
Key Takeaways FEMSA sold most of Solistica logistics to Grupo Traxion for 4,040 million pesos. The deal covers operations in Mexico, Colombia and Brazil (except Brazil's LTL). FMX aims to enhance ESG focus and prioritize high-margin retail and beverage segments.As part of its broader strategic realignment, Fomento Económico Mexicano, S.A.B. de C.V. or FEMSA (FMX) has successfully completed the divestiture of a substantial portion of its logistics operations conducted under the Solistica brand to Grupo Tra ...