The Coca-Cola Company (TCCC) and FEMSA have significant influence in the conduct of the business of Coca-Cola FEMSA, TCCC’s largest distributor. TCCC indirectly owns 27.8% of Coca-Cola FEMSA’s outstanding shares, representing 32.9% of the voting capital stock of this subsidiary. In addition, The Coca-Cola Company has the right
Grupo Lala reported that 98% of the software and hardware capabilities that its business requires to operate are already running in the cloud. Thus, the company can have better IT security and resilient capacity adapted to business demand and momentum, promoting technological upgrades and cost optimization. In particular,
Grupo Lala, one of the largest dairy companies in Latin America, estimates that its refrigerated distribution network is one of the most important in the region. As of December 31, 2022, the company operated 170 distribution centers in Mexico, the United States, Brazil and Central America and a
The cement plants of Cemex in Mexico primarily use petcoke and alternative fuels, according to the company’s own information. Two 20-year petcoke supply contracts with Pemex‘s Madero refinery expired at the end of September 2022. The contracts were then replaced by a five-year supply contract awarded in a
The five countries with the largest copper reserves in the world in 2022 were Chile, Australia, Peru, Russia and Mexico, according to estimates by the United States Geological Survey (USGS). Southern Copper Corporation states that copper is an important component of the global infrastructure chain. The third most
Expectations for world trade improved due to China‘s relevance in global value chains, highlighted Mexico‘s Ministry of Finance and Public Credit (SHCP). However, China’s exports surprised on the upside with a 14.8% annual growth rate in March, after registering a contraction in January and February of 6.8% in