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Companies / Brazil

FEMSA Sets Out Investment Plans

July 2008 | Company News Alert

Mexico-based FEMSA has announced it will invest nearly US$1.4bn this year. This represents a 40% increase in the amount invested last year, and the firm has earmarked the greatest proportion of this investment to its FEMSA Cerveza brewing unit. FEMSA plans to use the money to expand its Brazilian and Mexican breweries and improve its distribution, marketing and IT

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