Through our Coca-Cola FEMSA subsidiary, we bottle, market, and distribute trademark beverages of The Coca-Cola Company in Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Venezuela, Brazil, Argentina and in the Philippines. Coca-Cola FEMSA is the largest public bottler of Coca-Cola products in the world in terms of sales volume, accounting for one out of every ten Coca-Cola products sold globally.
Through our FEMSA Comercio subsidiary, we operate OXXO which is the largest store chain in Mexico. The OXXO chain sells our beverage products in more than 12,000 stores across Mexico and Colombia.
On april 30, 2010, FEMSA announced the closing of the transaction pursuant to which FEMSA agreed to exchange 100% of its beer operations for a 20% economic interest in the Heineken Group, through this transaction we will increase our scale and geographic reach competing effectively.