Mexico’s largest convenience retailer to acquire Swiss network Valora

An article by Sophie Baqué

Publication

7 July 2022 à 21h58

Updated on 21 October 2022 à 21h45

Reading time

1 minute

Publication: 7 July 2022 à 21h58, Updated on 21 October 2022 à 21h45

Reading time: 1 minute

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An article by Sophie Baqué

Publication

7 July 2022 à 21h58

Updated on 21 October 2022 à 21h45

Reading time

1 minute

Publication: 7 July 2022 à 21h58, Updated on 21 October 2022 à 21h45

Reading time: 1 minute

Share
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By October 2022, the Mexican retailer Femsa (turnover of US$27 billion in 2021) wants to take over Swiss retailer Valora (2,700 automatic kiosks and stores) in a US$1.15 billion deal.

Femsa operates the Oxxo convenience stores, drugstores and petrol stations. It is also the world’s leading bottler of Coca-Cola (via Coca-Cola Femsa) and the second largest shareholder of Heineken. For this group, which has been investing US$1 billion to open 800 Oxxo stores this year, this deal would be a...

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