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On the Record · Mexican Economic Development

Mexican Economic Development acquisitions, on the record

The businesses Mexican Economic Development bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
CVI
Word for word“In January 2022, Coca-Cola FEMSA, through its Brazilian subsidiary, acquired CVI, a Brazilian bottler of Coca-Cola trademark products with operations in the state of Rio Grande do Sul in Brazil.” 20-F for 2023
acquisitionIn January 2022—
OK Market store chain
Word for word“In February 2022, we closed the transaction we entered into in October 2020 pursuant to which FEMSA Comercio acquired the OK Market store chain, with 134 locations, from SMU, S.A., a leading Chilean retailer, based on internal information of our main competitors.” 20-F for 2023
acquisitionIn February 2022—
Valora Holding AG
Word for word“In October 2022, we acquired a controlling stake in Valora Holding AG, a European leading public company in the foodvenience market, through a public tender offer launched in July, 2022.” 20-F for 2023
acquisitionIn October 2022—
Net Pay, S.A.P.I. de C.V.
Word for word“In March 2023, we acquired the remaining 85.18% shares of Net Pay, S.A.P.I. de C.V., a merchant aggregator that offers several payment services and solutions to micro, small and medium-sized businesses in Mexico.” 20-F for 2023
acquisitionIn March 2023—
Net Pay
Word for word“It also signed an agreement to acquire all of the outstanding shares of Net Pay, a merchant aggregator that offers several payment services and solutions to micro, small and medium-sized businesses in Mexico, that we believe will become a building block for Digital@FEMSA B2B fintech business vertical.” 20-F for 2023
agreed acquisition——
Heineken ordinary shares
Word for word“In February 2023, we completed a sale of ordinary shares of Heineken in an amount of approximately to €3.2 billion and completed an offering of senior unsecured exchangeable bonds for a principal amount of €500 million through a wholly owned subsidiary, exchangeable into existing issued ordinary shares of Heineken Holding N.V.” 20-F for 2023
divestitureIn February 2023approximately to €3.2 billion
Jetro Restaurant Depot
Word for word“In June 2023, we successfully finalized the divestment of our interest in Jetro Restaurant Depot.” 20-F for 2023
divestitureIn June 2023—
Envoy Solutions merged with BradyIFS
Word for word“In October 2023, as part of our FEMSA Forward strategy, we merged Envoy Solutions with BradyIFS and retained an ownership stake of approximately 37% in the combined entity.” 20-F for 2023
divestitureIn October 2023—
Heineken
Word for word“Divestitures As part of our FEMSA Forward strategy: (1) in May 2023, we sold 13.9% of outstanding ordinary shares of Heineken, retaining less than 1% of outstanding ordinary shares of Heineken, (2) in June 2023, we successfully finalized the divestment of our interest in Jetro Restaurant Depot, and (3) in October 2023, we merged Envoy Solutions with BradyIFS and retained an ownership stake of 37% in the combined entity.” 20-F for 2023
divestitureIn May 2023—
remaining equity stake in Heineken
Word for word“In May 2025, we completed the sale of our equity interests in Heineken in an amount of approximately €359 million.” 20-F for 2025
divestitureIn May 2025approximately €359 million
Envoy Solutions, LLC with IFS Topco, LLC (Brady)
Word for word“In October 2023, as part of our FEMSA Forward strategy, we merged Envoy Solutions, LLC (“Envoy Solutions”) with IFS Topco, LLC (“Brady”) and obtained an ownership stake of 37.08% in the combined entity, currently doing business as BradyPLUS.” 20-F for 2025
mergerIn October 2023—
BradyPLUS and Imperial Dade
Word for word“On March 12, 2026, we closed the BradyPLUS and Imperial Dade all-equity merger.” 20-F for 2025
mergerOn March 12, 2026—
Delek US Holdings, Inc. retail operations
Word for word“In August 2024, we entered into definitive agreements with Delek US Holdings, Inc. (“Delek”) to acquire Delek’s retail operations, consisting of 249 convenience stores located mainly in Texas, in the United States, for a total of US$385 million on a cash-free, debt-free basis, including the purchase of inventories .” 20-F for 2025
acquisition—US$385 million
Grupo Conektame, S.A. de C.V. cash business
Word for word“In September 2024, we acquired from Grupo Conektame, S.A. de C.V.’s (“Conekta”) its cash business, which supports our OXXO Pay services.” 20-F for 2025
acquisitionIn September 2024—
refrigeration and foodservice equipment operations, Imbera and Torrey
Word for word“In November 2024, we finalized the divestment of our refrigeration and foodservice equipment operations, Imbera and Torrey, to Mill Point Capital LLC, a U.S.-based private equity firm, for a total amount of approximately Ps. 8,000 million, on a cash-free, debt-free basis.” 20-F for 2025
divestitureIn November 2024approximately Ps. 8,000 million
plastics solutions operations
Word for word“The transaction amount was Ps. 3,165 million, on a cash-free, debt-free basis.” 20-F for 2025
divestiture—Ps. 3,165 million
Solistica logistics operations
Word for word“In July 2025, we finalized the divestment of our transportation management operations in Mexico, as well as our contract logistics operations in Mexico, Brazil and Colombia doing business as Solistica (the “Solistica Logistics Transaction”), to Grupo Traxión, S.A.B. de C.V. (“Traxión”), a leading transportation and logistics company based in Mexico.” 20-F for 2025
divestitureIn July 2025—
Heineken equity interests
Word for word“In May 2023, we completed an additional sale of equity interests in Heineken in an amount of approximately €3.3 billion, at which point we reduced our combined economic interest in Heineken from 14.76% to 0.91%.” 20-F for 2025
divestitureIn May 2023approximately €3.3 billion

Read from Mexican Economic Development’s annual reports (20-F for 2025, 20-F for 2024, 20-F for 2023) and the financial data it files with the SEC, as of 2026-04-24. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.