Fomento Economico Mexicano (FEMSA) announced this Wednesday that it has reached agreements to acquire two independent companies dedicated to specialized distribution in the United States: Southeastern Paper Group, based in Spartanburg, South Carolina, and SWPlus, based in Wichita, Kansas. As of September 2020, the combined revenue for the
Officials from the Office of Customs and Border Protection (CBP) seized two shipments of jewelry and watches in Cincinnati, United States, that if they were genuine they would be worth 9.6 million dollars. The first shipment originated in Shenzen, China, and was destined for a private residence in
Industrias Bachoco announced this Wednesday that it reached a business agreement to invest in RYC Alimentos (RYC), a multiprotein processing and marketing company with production centers in the state of Puebla. Industrias Bachoco is a leader in the poultry industry in Mexico and one of the largest poultry
After an exceptionally challenging year for biodiversity conservation across the world because of the coronavirus pandemic, the European Union, environmentalist and Academy Award -winning actor Leonardo DiCaprio, and Global Wildlife Conservation (GWC) launched two initiatives to better protect the planet in 2021 worth € 34 million. Both initiatives
The Mexican peso closed the session with an appreciation of 0.21% or 4.1 cents, trading around 19.87 pesos per dollar, touching a minimum of 19.8196 pesos. The appreciation of the peso was matched by most currencies, after the Federal Reserve maintained accommodative language in its monetary policy announcement.
Valero Energy began to make logistical synergy with the Ferromex railway company in the transportation of fuels in Veracruz, Mexico. A year ago, Valero Energy separately signed a long-term agreement with Ferromex, which is majority owned by Grupo México, to transport refined products throughout Mexico. Since then, six