Fomento Económico Mexicano’s Acquisition of 100% stake in Corporación Grupo Fybeca


Pérez Bustamante & Ponce and Bustamante & Bustamante advised on the deal

Fomento Económico Mexicano, S.A.B. de C.V. (FEMSA) executed the acquisition of 100% Stake in Corporación Grupo Fybeca S.A. (GPF).

Fomento Economico Mexicano, S.A.B. de C.V. (FEMSA) is a Company that through its subsidiaries produces, distributes and markets non-alcoholic beverages throughout Latin America as part of the Coca-Cola system. The Company led by Jose Antonio Fernandez Carbajal, Eduardo Padilla Silva and John Anthony Santa Maria Otazua, in 2017 recorded $24 Billion revenues.

Fybeca owns and operates drug retail stores. The company is based in Cuenca, Ecuador.

Pérez Bustamante & Ponce advised Fomento Económico Mexicano, S.A.B. de C.V. (FEMSA) and Socofar with a team including Juan Gabriel Reyes (Picture) and Carmen Simone.

Bustamante & Bustamante advised Corporación Grupo Fybeca S.A. (GPF) with José Rafael Bustamante Crespo y Kirina González Artigas. Asociados Lorena Ortiz y Gino Ivich.

Involved fees earner: José Rafael Bustamante Crespo – Bustamante & Bustamante; Kirina González – Bustamante & Bustamante; Maria Lorena Ortiz – Bustamante & Bustamante; Gino Ivich – Bustamante & Bustamante; Juan Gabriel Reyes Varea – Pérez Bustamante & Ponce; Carmen Simone Lasso – Pérez Bustamante & Ponce;

Law Firms: Bustamante & Bustamante; Pérez Bustamante & Ponce;

Clients: Fomento Economico Mexicano, S.A.B. de C.V. (FEMSA); Fybeca S.A.;

Author: Ambrogio Visconti.