FEMSA Sells Refrigeration and Foodservice Division to Mill Point
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FEMSA has sold its refrigeration and food service division to Mill Point Capital. This move is part of FEMSA's strategy to enhance long-term value by concentrating on its core business areas.
November 05, 2024 | 5:30 pm
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FEMSA has divested its refrigeration and food service division to Mill Point Capital. This strategic move is intended to allow FEMSA to focus on its core business areas, potentially enhancing long-term value.
The sale of the refrigeration and food service division is a strategic move by FEMSA to streamline its operations and focus on core areas. This could lead to improved operational efficiency and long-term value creation, positively impacting the stock price.
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