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UPDATE 1-Mexico's Femsa buys regional drugstore operator Farmacon

2014-12-02 04:11:37| Beverages - Topix.net

Mexico's Femsa said on Monday it agreed to buy Farmacias Farmacon, a drugstore operator based in the country's western state of Sinaloa, for an undisclosed sum. Femsa, which operates the Oxxo chain of convenience stores and also has a joint venture with The Coca-Cola Co to bottle Coke through Coca-Cola Femsa, has been expanding into pharmacies and fast food over the last few years.

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