M&A Deal Summary

FEMSA Acquires Farmacias FarmaCon S.A. de C.V.

On December 1, 2014, FEMSA acquired retailer Farmacias FarmaCon S.A. de C.V.

Acquisition Highlights
  • This is FEMSA’s 2nd transaction in the Retail sector.
  • This is FEMSA’s 2nd transaction in Mexico.

M&A Deal Summary

Date 2014-12-01
Target Farmacias FarmaCon S.A. de C.V.
Sector Retail
Buyer(s) FEMSA
Deal Type Add-on Acquisition

Target

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.

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Buyer(S) 1

Buyer

FEMSA

Monterrey, Mexico

Category Company
Founded 1890
Sector Beverages
Employees390,156
Revenue 781.6B MXN (2024)
DESCRIPTION

FEMSA is a multinational company with operations in beverages, retail, and strategic businesses, owning Coca-Cola FEMSA and retail chains including OXXO and OXXO GAS. FEMSA also operates a Health Division focused on drugstores and related services. FEMSA provides logistics, refrigeration, and plastics solutions to support its own operations and third-party clients. FEMSA was founded in 1890 and is based in Monterrey, Mexico.


DEAL STATS #
Overall 2 of 8
Sector: Retail M&A 2 of 7
Type: Add-on Acquisition M&A Deals 1 of 5
Country: Mexico M&A 2 of 2
Year: 2014 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-11-09 Farmacias YZA

Merida, Mexico

Farmacias YZA is a drugstore operator in Southeast Mexico, Farmacias Yza currently operates 333 stores. The company is based in Merida, Mexico.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-14 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.

Buy -