Investment Summary

Fomento Económico Mexicano S.A.B. de C.V Invests In Grupo Socofar

On August 14, 2015, Fomento Económico Mexicano S.A.B. de C.V invested in retailer Grupo Socofar

Investment Highlights
  • This is Fomento Económico Mexicano S.A.B. de C.V’s 3rd transaction in the Retail sector.
  • This is Fomento Económico Mexicano S.A.B. de C.V’s 1st transaction in Chile.

Investment Summary

Date 2015-08-14
Target Grupo Socofar
Sector Retail
Investor(s) Fomento Económico Mexicano S.A.B. de C.V
Deal Type Stake Purchase

Target

Grupo Socofar

Santiago, Chile
Grupo Socofar is a South American drugstore operator based in Santiago, Chile. Founded in 1949, Socofar today operates 643 drugstores and 154 beauty stores throughout Chile under the Cruz Verde and Maicao banners, respectively. It has the leading position among drugstore chains and the number two position among standalone beauty stores in Chile.

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Investor(S) 1

Investor

Fomento Económico Mexicano S.A.B. de C.V

Monterrey, Mexico

website


Category Company
Founded 1890
Sector Beverages
Employees270
DESCRIPTION

Fomento Económico Mexicano, S.A.B. de C.V (FEMSA) is a company that participates in the beverage industry through Coca-Cola FEMSA, the largest franchise bottler of Coca-Cola products in the world by volume; and in the beer industry, through its ownership of the second largest equity stake in Heineken, one of the world's leading brewers with operations in over 70 countries. In the retail industry it participates through FEMSA Comercio, comprising a Retail Division operating various small-format store chains including OXXO, a Fuel Division, operating the OXXO GAS chain of retail service stations, and a Health Division, which includes drugstores and related operations. Additionally, through its Strategic Businesses unit, it provides logistics, point-of-sale refrigeration solutions and plastics solutions to FEMSA's business units and third-party clients.


DEAL STATS #
Overall 3 of 6
Sector (Retail) 3 of 5
Type (Stake Purchase) 2 of 2
Country (Chile) 1 of 3
Year (2015) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-01 Farmacias FarmaCon S.A. de C.V.

Culiacan, Mexico

Farmacias FarmaCon, S.A. de C.V. is an operator of drugstores in the states ofSinaloa, Sonora, Baja California, and Baja California Sur. With headquarters in the city of Culiacán, in the state of Sinaloa, Farmacias Farmacón currently manages more than two hundred stores.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-06 Big John S.A.

Santiago, Chile

Big John S.A. is a convenience store operator based in Santiago, Chile. The company is based in Santiago, Chile.

Buy -