Fomento Economico Mexicano, S.A. de C.V. announced that its subsidiary FEMSA Empaques, S.A. de C.V. signed a definitive stock purchase agreement with Willamette Industries North America, S.A. de C.V. a subsidiary of Willamette Industries Inc. to sell Femsa Empaques' subsidiary Corrugados Tehuacan, S.A. de C.V. a manufacturer of corrugated boxes which owns three plants located in the states of Veracruz and Puebla, Mexico.
FEMSA is Latin America's largest beverage company with exports to the United States, Canada and selected countries in Latin America, Europe and the Far East
The sale is expected to be completed by June 15.
Explore the March 2000 Issue
Check out more from this issue and find your next story to read.
Latest from Recycling Today
- AF&PA releases 2023 paper recycling rate, unveils new methodology
- ARA names new president
- Aurubis invests in Lünen, Germany, site
- ILA, USMX negotiations break down
- Van Dyk hires plastics industry vet to expand footprint in PRF sector
- Li-Cycle closes $475M loan with DOE
- Report highlights consumer knowledge gaps in lithium battery recycling
- AMP names CEO
