FEMSA: 125 Years Creating Economic and Social Value - FEMSA
Press Release

FEMSA: 125 Years Creating Economic and Social Value

Monterrey, N.L., November 9, 2015.– Today, FEMSA celebrates its first 125 years of life convinced that only by developing a sustainable long-term company and business, is it possible to create economic and social value. This institutional philosophy has allowed it to expand its operations to 12 countries, where it has positively transform the communities, by generating 260,000 jobs and satisfying the needs of 350 million customers.

“FEMSA has been a part of Mexico’s history since 1890, and has been a story of the dedication, effort and complete devotion of our founders. We are what we are today thanks to the work and love that Isaac Garza Garza, José Calderón Penilla, José Antonio Muguerza Crespo, Joseph María Schnaider, Francisco G. Sada Muguerza, Eugenio Garza Sada and Eugenio Garza Lagüera put in the company; a long story where great adversities have been overcome, always determined to follow the example they left us. Today, FEMSA is more relevant than ever, as we have always managed to stay ahead, looking to break paradigms while at the same time generating value in each of the countries where we operate”, said Chairman of the Board of FEMSA, José Antonio Fernández Carbajal. 

FEMSA’s business strategy contemplates a dynamic environment, which is why it has created tools to detect risks, needs and expectations of its stakeholders, aligned to its three main axis: Our People, Our Planet and Our Community. Each FEMSA Business Unit integrates an approach based on ethics and values in its growth plan, which allows them to stablish strategic alliances with other actors and to have successful business models.   

“Today, we are more than 260,000 story generators that make up FEMSA and its Business Units. Our collaborators’ talent and commitment are key elements to grow with solid foundations and face the challenges that arise every day. In this moment of celebration, we thank all those who have trusted us, we thank our shareholders, founders, suppliers, customers and collaborators, all those who are part of our value chain. Thank you to those who have helped us rectify and change the direction of our company to be what we are today”, said FEMSA’S CEO, Carlos Salazar Lomelín. 

November 8, 1890 is a memorable date in which a group of visionary entrepreneurs chose to believe in their ideals and undertake a project that resulted in the founding of Cervecería Cuahtémoc Moctezuma, based in Monterrey, Nuevo León, with only 72 collaborators. Today, FEMSA is a world class company with a long-term vision.
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FEMSA is a leading company participating in the beverage industry with Coca-Cola FEMSA, the largest franchise bottler of Coca-Cola products in the world; and in the beer industry, through its ownership of the second largest equity stake in Heineken, one of the worlds leading brewers with operations in over 70 countries. FEMSA participates in the retail sector with FEMSA Comercio, which operates various small-format chain stores including OXXO. Through FEMSA Negocios Estratégicos, the company offers logistic services, point-of-sales cooling solutions, and plastic solutions for FEMSA’s companies and external customers.

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