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Fomento Economico Mexicano: FEMSA increases its specialized distribution footprint in the United States MONTERREY, Mexico, Dec. 16, 2020 (GLOBE NEWSWIRE) Fomento Económico Mexicano, S.A.B. de C.V. ( FEMSA ) (NYSE: FMX; BMV: FEMSAUBD) announced today it has reached agreements to acquire two independent specialized distribution businesses in the United States: Southeastern Paper Group, Inc., based in Spartanburg, South Carolina and Southwest Paper Company, Inc., ( dba SWPlus ) based in Wichita, Kansas. Combined revenues of the acquired businesses for the last twelve months as of September 2020, were approximately US$ 380 million. These acquisitions fit well with FEMSA s strategy of creating a national distribution platform, building on FEMSA s capabilities and the foundation formed by the merger of WAXIE Sanitary Supply and North American Corporation earlier in the year. ....
Share: MONTERREY, Mexico, Dec. 16, 2020 (GLOBE NEWSWIRE) Fomento Económico Mexicano, S.A.B. de C.V. ( FEMSA ) (NYSE:FMX, BMV:FEMSAUBD) announced today it has reached agreements to acquire two independent specialized distribution businesses in the United States: Southeastern Paper Group, Inc., based in Spartanburg, South Carolina and Southwest Paper Company, Inc., ( dba SWPlus ) based in Wichita, Kansas. Combined revenues of the acquired businesses for the last twelve months as of September 2020, were approximately US$ 380 million. These acquisitions fit well with FEMSA s strategy of creating a national distribution platform, building on FEMSA s capabilities and the foundation formed by the merger of WAXIE Sanitary Supply and North American Corporation earlier in the year. ....
FEMSA increases its specialized distribution footprint in the United States MONTERREY, Mexico, Dec. 16, 2020 (GLOBE NEWSWIRE) Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) announced today it has reached agreements to acquire two independent specialized distribution businesses in the United States: Southeastern Paper Group, Inc., based in Spartanburg, South Carolina and Southwest Paper Company, Inc., ( dba “SWPlus”) based in Wichita, Kansas. Combined revenues of the acquired businesses for the last twelve months as of September 2020, were approximately US$ 380 million. These acquisitions fit well with FEMSA’s strategy of creating a national distribution platform, building on FEMSA’s capabilities and the foundation formed by the merger of WAXIE Sanitary Supply and North American Corporation earlier in the year. ....