FEMSA Completes 4B Pesos Logistics Divestiture to Grupo Traxión

FEMSA completed the divestiture of its Solistica logistics operations to Grupo Traxión for 4,040 million Mexican pesos, finalizing a transaction initially disclosed in October 2024. The sale includes transportation management and contract logistics operations in Mexico, Colombia, and Brazil, excluding less-than-truckload operations in Brazil. This strategic move allows FEMSA to streamline its portfolio and focus on its core retail and beverage businesses, such as OXXO convenience stores and Coca-Cola FEMSA, aligning with its long-term goals and ESG commitments. The proceeds from the divestiture are expected to strengthen FEMSA's balance sheet and support investments in high-growth areas including U.S. convenience store acquisitions and digital services. For Grupo Traxión, acquiring Solistica’s facilities and client base across Latin America significantly expands its logistics footprint and enhances its service segments, reinforcing its leadership in the Mexican logistics market. Both companies emphasize ESG alignment as part of this transaction, highlighting environmental initiatives and operational efficiencies.