F E M S A's Envoy
expedition to end?
$2Bn+ US hygiene supply
resellers' rollup Q4 results
FEMSA the $36Bn Mexican based Oxxo fuel/convenience store chain & CocaCola distributor, that acquired Waxie-NAmerican jansan dealer network in 2020 via its Envoy subsidiary, reported strong Q4'22 results. We analyse results and report on progress of 32 acquisitions to date; which it now shockingly, seems to be calling to a halt, whilst its board considers "strategic alternatives"? Updated inc Analysts Q&A session
