FEMSA completes divestiture of its plastics solutions operations to AMMI, affiliate of Milenio Capital

Group 1 - FEMSA successfully closed the divestiture of its plastics solutions operations to AMMI for an amount of 3,165 million pesos on a cash-free, debt-free basis [1] - The divestiture was previously disclosed on October 28, 2024, indicating a strategic move by FEMSA to streamline its operations [1] - AMMI is a diversified corporation focused on non-GMO corn production and sustainable plastic packaging, highlighting its commitment to sustainability [1][3] Group 2 - FEMSA operates in various sectors including retail through its OXXO store chain and beverage through Coca-Cola FEMSA, employing over 392,000 people across 18 countries [2] - AMMI has 59 years of experience and operates the world's largest non-GMO corn production plant, serving food and beverage industries globally [3] - AMMI aims to become carbon neutral by 2030, reflecting its strong focus on sustainability [3]