Femsa completes acquisition of Ecuadorian drugstore operator

Source: globenewswire, Monday, May 6, 2019

Oxxo-owner, Femsa announced that FEMSA Comercio through its majority-owned subsidiary Socofar, it has successfully completed the acquisition of Corporación GPF. GPF is a leading drugstore operator based in Quito, Ecuador, with almost 90 years of solid trajectory, operating more than 620 points of sale nationwide mainly under the Fybeca and SanaSana banners.