Equity Analysis /
Mexico

FEMSA: Flash FEMSA: Expands specialized distribution business in the US

  • Femsa has reached an agreement to acquire Daycon Products, through its specialized distribution subsidiary in the US

  • With this transaction, Femsa will expand its presence in this niche, strengthening the reach on the East Coast of the US

  • Daycon's revenue (LTM as of June 2021) amounted to ~US$75 million, which is equivalent to 0.3% of Femsa's revenue

Juan Barbier
Juan Barbier

Equity Research Analyst

Marissa Garza Ostos
Marissa Garza Ostos

Head of Equity Research

Banorte
31 August 2021
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