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Fomento Economico Mexicano: FEMSA increases its specialized distribution footprint in the United States


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. ....

United States , Nuevo Leóx , South Carolina , Proximity Division , Southeastern Paper Group Inc , Mexican Stock Exchange Sustainability Index , Paper Company Inc , Health Division , Pacific Alliance , American Corporation , Southeastern Paper Group , Southwest Paper Company , North American Corporation , Fuel Division , Strategic Businesses , Dow Jones Sustainability , Emerging Index , ஒன்றுபட்டது மாநிலங்களில் , தெற்கு கரோலினா , அருகாமை பிரிவு , தென்கிழக்கு காகிதம் குழு இன்க் , மெக்ஸிகன் ஸ்டாக் பரிமாற்றம் நிலைத்தன்மை குறியீட்டு , காகிதம் நிறுவனம் இன்க் , ஆரோக்கியம் பிரிவு , பெஸிஃபிக் கூட்டணி , அமெரிக்கன் நிறுவனம் ,

FEMSA increases its specialized distribution footprint in the United States


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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. ....

United States , Nuevo Leóx , South Carolina , Proximity Division , Southeastern Paper Group Inc , Mexican Stock Exchange Sustainability Index , Paper Company Inc , Health Division , Pacific Alliance , American Corporation , Southeastern Paper Group , Southwest Paper Company , North American Corporation , Fuel Division , Strategic Businesses , Dow Jones Sustainability , Emerging Index , ஒன்றுபட்டது மாநிலங்களில் , தெற்கு கரோலினா , அருகாமை பிரிவு , தென்கிழக்கு காகிதம் குழு இன்க் , மெக்ஸிகன் ஸ்டாக் பரிமாற்றம் நிலைத்தன்மை குறியீட்டு , காகிதம் நிறுவனம் இன்க் , ஆரோக்கியம் பிரிவு , பெஸிஃபிக் கூட்டணி , அமெரிக்கன் நிறுவனம் ,