FEMSA assumes full ownership of OXXO Brazil

Core Insights - FEMSA has completed the separation of the Grupo Nós joint venture in Brazil with Raízen S.A. [1] - As a result of this transaction, FEMSA retained the OXXO stores in Brazil and the distribution center in Cajamar, São Paulo [2] Company Overview - FEMSA creates economic and social value through its various companies and institutions, aiming to be the best employer and neighbor in its operational communities [3] - The company operates in the retail industry through its Proximity Americas Division, which includes the OXXO small-format store chain, and Proximity Europe, which encompasses Valora, a European retail unit [3] - FEMSA also has a Health Division that includes drugstores and digital financial services initiatives, as well as a beverage division through Coca-Cola FEMSA, the largest franchise bottler of Coca-Cola products globally by volume [3] - The company employs over 392,000 individuals across 18 countries and is recognized in several sustainability and ESG indexes [3]