FEMSA unloads Solistica to Traxion—What does this mean for the future of logistics?
Fomento Económico Mexicano, S.A.B. de C.V. (FEMSA), a major conglomerate in the retail and beverage sectors in Mexico, has announced a definitive agreement to divest a significant portion of its logistics subsidiary, Solistica, to Grupo Traxion for approximately 4.06 billion Mexican pesos (around $208 million USD). This transaction, revealed on October 10, 2024, represents a […]