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FEMSA’s New CEO Reaffirms Long-Term Strategy as Company Marks 135 Years

The fifth-generation chief highlights disciplined capital allocation under FEMSA Forward to protect future growth.

Overview

  • José Antonio Fernández Garza-Lagüera said FEMSA will not trade long-term growth or competitive position for short-term gains.
  • Management reported solid third-quarter performance across units, with slight bottling volume pressure offset by pricing and efficiency gains.
  • Under FEMSA Forward, the company has divested about $11 billion in non-strategic assets over the past 36 months.
  • The strategy concentrates resources on retail, beverages and the Spin digital ecosystem, with additional investments allocated for expansion but not disclosed.
  • FEMSA underscores its scale and commitments with roughly 392,000 employees in 18 countries and initiatives focused on renewable energy, responsible practices and people development.