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FEMSA completes divestiture of certain of its logistics operations to TRAXIÓN
Globenewswire· 2025-07-01 21:24
Core Viewpoint - FEMSA has successfully completed the divestiture of its logistics operations under Solistica to Grupo Traxión for a total consideration of 4,040 million Mexican pesos, enhancing its strategic focus on core business areas [1][2]. Company Overview - FEMSA operates in various sectors including retail through its OXXO store chain and health division, as well as in the beverage industry as the largest franchise bottler of Coca-Cola products globally. The company employs over 392,000 people across 18 countries and is recognized in multiple global sustainability indices [3]. TRAXIÓN Overview - TRAXIÓN is the leading transportation and logistics company in Mexico, offering a comprehensive service portfolio across three main business segments: Cargo Mobility, Logistics and Technology, and Personnel Mobility. The company has a fleet of 11,043 power units and over 22,000 employees, positioning itself as a consolidator in a fragmented industry [4].
Coca-Cola Consolidated Invests $90 Million in Columbus Facility
Globenewswire· 2025-05-15 16:21
Core Insights - Coca-Cola Consolidated has announced a $90 million investment in a new 400,000-square-foot distribution and warehouse facility in Columbus, Ohio, which includes additional buildings for equipment repair and fleet maintenance [1][2] - The new facility is designed to enhance service capabilities for customers and the local community through innovative sustainability processes and technology [1][2] Investment and Economic Impact - The Columbus warehouse will manage over 16 million cases of products annually, averaging about 75,000 cases per day [2] - The investment has led to the creation of 35 new jobs, increasing total employment at the facility to 360 [3] Facility Features - The new campus includes a sales center, on-site wellness clinic, and an experiential learning center for employee training and skill development [4] - The facility incorporates advanced sustainability measures such as LED lighting, EV charging infrastructure, and recycling partnerships [5] Community Engagement - Coca-Cola Consolidated employs over 2,210 individuals across 15 facilities in Ohio, serving more than 21,000 businesses [6] - The company actively supports local non-profits, including Ronald McDonald House and Nationwide Children's Hospital [6] Company Overview - Coca-Cola Consolidated is the largest Coca-Cola bottler in the U.S., distributing over 300 brands and flavors across 14 states and the District of Columbia [7] - The company has a long-standing commitment to its consumers and communities, emphasizing excellence and profitable growth [8]