Femsa completes divestiture of its plastics solutions operations to ammi, affiliate of milenio capital

Monterrey, mexico, jan. 03, 2025 (globe newswire) -- fomento econÓmico mexicano, s.a.b. de c.v. (“femsa” or the “company”) (nyse: fmx; bmv: femsaubd, femsaub) announced today the successful closing of its previously disclosed divestiture on october 28, 2024, of its plastics solutions operations to ammi, a leading diversified corporation focused on the production of non-gmo corn and sustainable plastic packaging, an affiliate of milenio capital. the transaction amount was $3,165 million pesos, on a cash-free, debt-free basis.
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