FEMSA sells plastics solutions ops to AMMI for 3.165bn pesos, part of FEMSA Forward plan.
FEMSA, a major Mexican company, has agreed to sell its plastics solutions operations to AMMI, a subsidiary of Milenio Capital, for 3.165 billion pesos. This move is part of FEMSA's FEMSA Forward plan, aimed at refocusing on core businesses. The transaction is pending regulatory approvals and is expected to close in the coming months. AMMI specializes in sustainable plastic packaging and non-GMO corn production.
October 28, 2024
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