M&A Deal Summary

FEMSA Acquires Ok Market

On February 28, 2022, FEMSA acquired retailer Ok Market

Acquisition Highlights
  • This is FEMSA’s 5th transaction in the Retail sector.
  • This is FEMSA’s 3rd transaction in Chile.

M&A Deal Summary

Date 2022-02-28
Target Ok Market
Sector Retail
Buyer(s) FEMSA
Deal Type Add-on Acquisition

Target

Ok Market

Santiago, Chile
Ok Market is an operator of a small-format proximity store chain. Ok Market is based in Santiago, Chile.

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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 6 of 8
Sector: Retail M&A 5 of 7
Type: Add-on Acquisition M&A Deals 4 of 5
Country: Chile M&A 3 of 3
Year: 2022 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-08 Jetro Restaurant Depot

College Point, New York, United States

Jetro Restaurant Depot is a wholesale business-to-business cash and carry retail foodservice segment in the United States. Founded in 1976, JRD today operates over 130 stores across the United States with two formats, Jetro Cash and Carry and Restaurant Depot.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-05 Valora Holding

Muttenz, Switzerland

Valora Holding is an economically robust, independent trading company operating on a Europe-wide scale. The Valora Group’s three divisions – Valora Retail, Valora Media (press wholesaling) and Valora Trade (distribution of fast-moving consumer goods). Valora Holding was founded in 1905 and is based in Muttenz, Switzerland.

Buy $1.2B