Mexico's Femsa to Sell Logistics Assets to Transport Firm Traxion
The agreed sale for 4.06 billion pesos ($208 million), free of debt and cash, includes Femsa's transportation management operations in Mexico and contract logistics operations in Mexico, Colombia and Brazil, but not its less-than-truckload operations in Brazil, Femsa said Thursday.
Mexican behemoth Fomento Economico Mexicano has agreed to sell logistics operations to Mexican trucking firm Grupo Traxion for 4 billion pesos ($205 million) as the conglomerate continues to shed ...
This transaction represents an additional step in the continued execution of the FEMSA Forward plan that was communicated in February of 2023. The transaction is subject to regulatory approvals and ...
FEMSA has been doing well in the digital space through its tech and innovation unit, Digital@FEMSA. This unit aims at ...
We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...
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