Stocks / NYSE / Fomento Economico Mexicano S.A.B. de C.V.

Fomento Economico Mexicano S.A.B. de C.V.

Industry: Consumer Non-Durables – Beverages (Production/Distribution)

Stock Symbol: FMX – NYSE

Animal Usage: Animal Testing, Meat/Dairy/Eggs

Our Opinion

Coca-Cola FEMSA SAB de CV is in the Cruelty Free Investing list for exploiting animals because they are an independent marketer, producer and distributor of Coca-Cola Company products. A few of company’s drinks do contain small traces of fish gelatine (which is used as a stabiliser for the beta-carotene colour). These drinks are Lilt, Lilt Zero, Kia-Ora Orange Squash No Added Sugar and Schweppes Orange Squash. The Coca-Cola Company also rely on third party animal testing services, to demonstrate ingredient safety, where governmental agencies require.

Supporting Evidence:

Does Coca‑Cola test on animals?

Are all the drinks sold by Coca-Cola GB suitable for vegans and vegetarians?

Company Description

Fomento Economico Mexicano SAB de CV engages in the production, distribution and marketing of beverages. It produces, markets, sells, and distributes Coca-Cola trademark beverages, including sparkling beverages, such as colas and flavored sparkling beverages; waters; and still beverages, such as juice drinks, coffee, teas, milk, value-added dairy products, and isotonic drinks. The company also operates a chain of small-format stores under the OXXO brand name in Mexico, as well as operates other small-format stores, which include soft discount stores with a focus on perishables and liquor stores. Fomento Economico Mexicano was founded by Isaac Garza, José Calderón, José A. Muguerza, Francisco G. Sada, and Joseph M. Schnaider in 1890 and is headquartered in Monterrey, Mexico. [Source: MarketWatch]

Company Website: http://www.femsa.com

Contact: http://www.femsa.com/en/contact; IR: investor@femsa.com.mx;