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.
FMX Ratings Summary
FMX Quant Ranking