FEMSA sells plastics solutions operations to AMMI for $3,165 million pesos

From GlobeNewswire: 2025-01-03 13:00:15

FEMSA successfully closed the divestiture of its plastics solutions operations to AMMI for $3,165 million pesos. AMMI is a leading corporation focused on non-GMO corn and sustainable plastic packaging, with a strong emphasis on sustainability and carbon neutrality by 2030. FEMSA, on the other hand, is a company that participates in the retail and beverage industries, with over 392,000 employees in 18 countries. The transaction was completed on October 28, 2024, and marks a significant move for both companies in their respective industries.



Read more at GlobeNewswire: FEMSA completes divestiture of its plastics solutions