List of companies traded on the Bolsa Mexicana de Valores (Mexican Stock Exchange) sorted by revenues and classified according to GICS.
Name | Ticker Symbol | Revenues US$ millions (2014) | Sector | Industry | Sub-Industry |
---|---|---|---|---|---|
America Movil, S.A.B. de C.V. | AMXB | 63,455 | Telecom Services | Wireless Telecom | Wireless Telecom |
Walmart de Mexico, S.A.B. de C.V. | WALMEX* | 33,161 | Consumer Staples | Food & Staples Retailing | Hypermarkets & Super Centers |
Fomento Economico Mexicano, S.A.B. de C.V. | FEMSAUBD | 19,810 | Consumer Staples | Beverages | Soft Drinks |
Alfa, S.A.B. de C.V. | ALFAA | 17,211 | Industrials | Industrial Conglomerates | Industrial Conglomerates |
Cemex, S.A.B. de C.V. | CEMEXCPO | 15,793 | Materials | Construction Materials | Construction Materials |
Grupo Bimbo, S.A.B. de C.V. | BIMBOA | 14,066 | Consumer Staples | Food Products | Packaged Foods & Meats |
Coca-Cola FEMSA S.A.B. de C.V. | KOFL | 11,076 | Consumer Staples | Beverages | Soft Drinks |
Grupo México | GMEXICOB | 9,324 | Materials | Metals & Mining | Diversified Metals & Mining |
Grupo Financiero Banorte, S.A.B. de C.V. | GFNORTEO | 8,662 | Financials | Banks | Diversified Banks |
Organizacion Soriana, S.A.B. de C.V. | SORIANAB | 7,546 | Consumer Staples | Food & Staples Retailing | Hypermarkets & Super Centers |
Alpek S.A.B. de C.V. | ALPEKA | 6,472 | Materials | Chemicals | Commodity Chemicals |
Grupo Carso, S.A.B. de C.V. | GCARSOA1 | 6,195 | Industrials | Industrial Conglomerates | Industrial Conglomerates |
El Puerto de Liverpool, S.A.B. de C.V. | LIVEPOL1 | 6,093 | Consumer Discretionary | Multiline Retail | Department Stores |
Grupo Televisa, S.A.B. de C.V. | TLEVICPO | 6,025 | Consumer Discretionary | Media | Broadcasting |
Grupo Financiero Santander Mexico, S.A.B. de C.V. | SANMEXB | 5,893 | Financials | Banks | Diversified Banks |
Mexichem, S.A.B. de C.V. | MEXCHEM* | 5,583 | Materials | Chemicals | Commodity Chemicals |
Grupo Elektra S.A. de C.V. | ELEKTRA | 5,571 | Financials | Banks | Diversified Banks |
Grupo Comercial Chedraui, S.A.B. de C.V. | CHDRAUIB | 5,367 | Consumer Staples | Food & Staples Retailing | Food Retail |
Arca Continental, S.A.B. de C.V. | AC* | 4,659 | Consumer Staples | Beverages | Soft Drinks |
Industrias Penoles, S.A.B. de C.V. | PE&OLES | 4,629 | Materials | Metals & Mining | Precious Metals & Minerals |
Grupo Financiero Inbursa, S.A.B. de C.V. | GFINBURO | 4,135 | Financials | Banks | Diversified Banks |
Gruma, S.A.B. de C.V. | GRUMAB | 3,755 | Consumer Staples | Food Products | Packaged Foods & Meats |
Controladora Comercial Mexicana, S.A.B. de C.V. | COMERUBC | 3,598 | Consumer Staples | Food & Staples Retailing | Hypermarkets & Super Centers |
Grupo Lala, S.A.B. de C.V. | LALAB | 3,383 | Consumer Staples | Food Products | Packaged Foods & Meats |
Altos Hornos de Mexico, S.A.B. de C.V. | AHMSA* | 3,300 | Materials | Metals & Mining | Steel |
Grupo Aeromexico, S.A.B. de C.V. | AEROMEX* | 3,227 | Industrials | Airlines | Airlines |
Industrias Bachoco, S.A.B. de C.V. | BACHOCOB | 3,142 | Consumer Staples | Food Products | Packaged Foods & Meats |
Grupo Sanborns, S.A.B. de C.V. | GSANBOB1 | 3,098 | Consumer Discretionary | Multiline Retail | Department Stores |
Empresas ICA, S.A.B. de C.V. | ICA | 2,764 | Industrials | Construction & Engineering | Construction & Engineering |
Organizacion Cultiba, S.A.B. de C.V. | CULTIBAB | 2,576 | Consumer Staples | Beverages | Soft Drinks |
Grupo Modelo, S.A.B. de C.V. | GMODELOC | 2,491 | Consumer Staples | Beverages | Brewers |
Grupo Nacional Provincial, S.A.B. de C.V. | GNP | 2,489 | Financials | Insurance | Multi-line Insurance |
Corporativo Fragua, S.A.B. de C.V. | FRAGUAB | 2,409 | Consumer Staples | Food & Staples Retailing | Drug Retail |
Industrias CH, S.A.B. de C.V. | ICHB | 2,364 | Materials | Metals & Mining | Steel |
Kimberly-Clark de Mexico, S.A.B. de C.V. | KIMBERA | 2,189 | Consumer Staples | Household Products | Household Products |
Grupo Simec, S.A.B. de C.V. | SIMECB | 2,027 | Materials | Metals & Mining | Steel |
Alsea SAB de CV | ALSEA | 1,714 | Consumer Discretionary | Hotels Restaurants & Leisure | Restaurants |
Grupo Palacio de Hierro, S.A.B. de C.V. | GPH1 | 1,707 | Consumer Discretionary | Multiline Retail | Department Stores |
Vitro, S.A.B. de C.V. | VITROA | 1,695 | Materials | Containers & Packaging | Metal & Glass Containers |
Grupo Gigante, S.A.B. de C.V. | GIGANTE | 1,565 | Consumer Staples | Food & Staples Retailing | Hypermarkets & Super Centers |
Grupo Kuo, S.A.B. de C.V. | KUOB | 1,410 | Industrials | Industrial Conglomerates | Industrial Conglomerates |
Grupo Casa Saba, S.A.B. de C.V. | SAB | 1,393 | Consumer Staples | Food & Staples Retailing | Drug Retail |
OHL Mexico, S.A.B. de C.V. | OHLMEX | 1,272 | Industrials | Transportation Infrastructure | Highways & Railtracks |
Qualitas Controladora, S.A.B. de C.V. | QCCPO | 1,158 | Financials | Insurance | Property & Casualty Insurance |
Gentera, S.A.B. de C.V. | GENTERA | 1,153 | Financials | Consumer Finance | Consumer Finance |
Grupo Industrial Maseca, S.A.B. de C.V. | MASECAB | 1,134 | Consumer Staples | Food Products | Packaged Foods & Meats |
Grupo Famsa, S.A.B. de C.V. | GFAMSAA | 1,117 | Consumer Discretionary | Multiline Retail | Department Stores |
Impulsora del Desarrollo y el Empleo en America Latina, S.A.B. de C.V. | IDEALB1 | 1,113 | Industrials | Construction & Engineering | Construction & Engineering |
Grupo Herdez, S.A.B. de C.V. | HERDEZ | 1,077 | Consumer Staples | Food Products | Packaged Foods & Meats |
Controladora Vuela Compania de Aviación, S.A.B. de C.V. | VOLARA | 1,056 | Industrials | Airlines | Airlines |
Grupo Financiero Interacciones, S.A. de C.V. | GFINTERO | 1,049 | Financials | Capital Markets | Diversified Capital Markets |
TV Azteca, S.A.B. de C.V. | AZTECACP | 968 | Consumer Discretionary | Media | Broadcasting |
Minera Frisco, S.A.B. de C.V. | MFRISCOA | 932 | Materials | Metals & Mining | Diversified Metals & Mining |
Bio Pappel, S.A.B. de C.V. | PAPPEL | 925 | Materials | Containers & Packaging | Paper Packaging |
Rassini, S.A.B. de C.V. | RASSINIA | 895 | Consumer Discretionary | Auto Components | Auto Parts & Equipment |
Genomma Lab Internacional, S.A.B. de C.V. | LABB | 868 | Health Care | Pharmaceuticals | Pharmaceuticals |
Megacable Holdings, S.A.B. de C.V. | MEGACPO | 865 | Consumer Discretionary | Media | Cable & Satellite |
Farmacias Benavides, S.A.B. de C.V. | BEVIDESA | 863 | Consumer Staples | Food & Staples Retailing | Drug Retail |
Infraestructura Energetica Nova, S.A.B. de C.V. | IENOVA | 823 | Utilities | Gas Utilities | Gas Utilities |
Axtel, S.A.B. de C.V. | AXTELCPO | 797 | Telecommunication Services | Diversified Telecommunication | Integrated Telecom Services |
Grupo Cementos Chihuahua, S.A.B. de C.V. | GCC | 753 | Materials | Construction Materials | Construction Materials |
Grupo Industrial Saltillo, S.A.B. de C.V. | GISSAA | 730 | Industrials | Industrial Conglomerates | Industrial Conglomerates |
Corporación Moctezuma, S.A.B. de C.V. | CMOCTEZ | 691 | Materials | Construction Materials | Construction Materials |
Grupo Bafar, S.A.B. de C.V. | BAFARB | 682 | Consumer Staples | Food Products | Packaged Foods & Meats |
Grupo Profuturo, S.A.B. de C.V. | GPROFUT | 682 | Financials | Insurance | Property & Casualty Insurance |
Grupo Lamosa, S.A.B. de C.V. | LAMOSA | 675 | Industrials | Building Products | Building Products |
Banregio Grupo Financiero, S.A.B. de C.V. | GFREGIO | 658 | Financials | Banks | Regional Banks |
Empresas Cablevision, S.A.B. de C.V. | CABLECPO | 658 | Consumer Discretionary | Media | Cable & Satellite |
Internacional de Ceramica, S.A.B. de C.V. | CERAMICB | 542 | Industrials | Building Products | Building Products |
Promotora y Operadora de Infraestructura, S.A.B. de C.V. | PINFRA* | 516 | Industrials | Construction & Engineering | Construction & Engineering |
Grupo Rotoplas, S.A.B. de C.V. | AGUA | 493 | Industrials | Machinery | Industrial Machinery |
Corporación Interamericana de Entretenimiento, S.A.B. de C.V. | CIEB | 478 | Consumer Discretionary | Media | Movies & Entertainment |
Inmuebles Carso, S.A.B. de C.V. | INCARSOB | 468 | Financials | Real Estate Management & Development | Diversified Real Estate Activities |
Consorcio Ara, S.A.B. de C.V. | ARA | 467 | Consumer Discretionary | Household Durables | Homebuilding |
Grupo Pochteca, S.A.B. de C.V. | POCHTECB | 454 | Industrials | Trading Companies & Distributors | Trading Companies & Distributors |
Grupo Aeroportuario del Sureste, S.A.B. de C.V. | ASURB | 442 | Industrials | Transportation Infrastructure | Airport Services |
Financiera Independencia, S.A.B. de C.V. | FINDEP | 441 | Financials | Consumer Finance | Consumer Finance |
Grupo Posadas, S.A.B. de C.V. | POSADASA | 440 | Consumer Discretionary | Hotels Restaurants & Leisure | Hotels, Resorts & Cruise Lines |
Grupo Minsa, S.A.B. de C.V. | MINSAB | 417 | Consumer Staples | Food Products | Packaged Foods & Meats |
Grupo Aeroport del Pacifico, S.A.B. de C.V. | GAPB | 417 | Industrials | Transportation Infrastructure | Airport Services |
Invex Controladora, S.A.B. de C.V. | INVEXA | 412 | Financials | Diversified Financial Services | Other Diversified Financial Services |
Cydsa, S.A.B. de C.V. | CYDSASAA | 408 | Materials | Chemicals | Commodity Chemicals |
Holding Monex, S.A.B. de C.V. | MONEXB | 404 | Financials | Consumer Finance | Consumer Finance |
G Collado, S.A.B. de C.V. | COLLADO | 401 | Industrials | Trading Companies & Distributors | Trading Companies & Distributors |
Unifin Financiera, S.A.P.I. de C.V. | UNIFINA | 399 | Financials | Diversified Financial Services | Other Diversified Financial Services |
Corporacion Actinver, S.A.B. de C.V. | ACTINVRB | 362 | Financials | Capital Markets | Investment Banking & Brokerage |
Grupo Financiero Multiva, S.A.B. de C.V. | GFMULTIO | 349 | Financials | Diversified Financial Services | Other Diversified Financial Services |
Accel, S.A.B. de C.V. | ACCELSAB | 338 | Consumer Staples | Food Products | Packaged Foods & Meats |
Compañía Minera Autlan, S.A.B. de C.V. | AUTLANB | 337 | Materials | Metals & Mining | Steel |
Promotora Ambiental, S.A.B. de C.V. | PASAB | 282 | Industrials | Commercial Services & Supplies | Environmental & Facilities Services |
Grupo Aeroportuario del Centro, S.A.B. de C.V. | OMAB | 280 | Industrials | Transportation Infrastructure | Airport Services |
Corporativo GBM, S.A.B. de C.V. | GBMO | 274 | Financials | Capital Markets | Asset Management & Custody Banks |
Pena Verde, S.A.B. | PV | 268 | Financials | Insurance | Multi-line Insurance |
Credito Real, S.A.B. de C.V. | CREAL | 252 | Financials | Consumer Finance | Consumer Finance |
Grupo TMM, S.A.B. de C.V. | TMMA | 216 | Energy | Oil, Gas & Consumable Fuels | Oil & Gas Storage & Transportation |
Maxcom Telecomunicaciones, S.A.B. de C.V. | MAXCOMCP | 202 | Telecommunication Services | Diversified Telecommunication | Integrated Telecom Services |
Grupo Vasconia, S.A.B. de C.V. | VASCONI | 188 | Consumer Discretionary | Household Durables | Housewares & Specialties |
Macquarie Mexico Real Estate, S.A.B. de C.V. | FIBRAMQ | 180 | Financials | Real Estate Investment Trusts | Industrial REITs |
Grupo Mexicano de desarrollo, S.A.B. de C.V. | GMD | 175 | Industrials | Construction & Engineering | Construction & Engineering |
Corporacion Mexicana de Restaurantes S.A.B. de C.V. | CMRB | 174 | Consumer Discretionary | Hotels Restaurants & Leisure | Restaurants |
Bolsa Mexicana de Valores, S.A.B. de C.V. | BOLSAA | 168 | Financials | Diversified Financial Services | Specialized Finance |
Value Grupo Financiero, S.A.B. de C.V. | VALUEGFO | 166 | Financials | Capital Markets | Investment Banking & Brokerage |
Medica Sur, S.A.B. de C.V. | MEDICAB | 164 | Health Care | Health Care Providers & Services | Health Care Facilities |
PLA Administradora Industrial, S. de R.L. de C.V. | TERRA13 | 161 | Financials | Real Estate Investment Trusts | Industrial REITs |
Casa de Bolsa Finamex, S.A.B. de C.V. | FINAMEXO | 153 | Financials | Capital Markets | Investment Banking & Brokerage |
Concentradora Fibra Danhos, S.A. de C.V. | DANHOS13 | 141 | Financials | Real Estate Investment Trusts | Diversified REITs |
General de Seguros, S.A.B. de C.V. | GENSEG | 131 | Financials | Insurance | Multi-line Insurance |
Concentradora Fibra Hotelera Mexicana S.A. de C.V. | FIHO12 | 124 | Financials | Real Estate Investment Trusts | Hotel & Resort REITs |
Grupe, S.A.B. de C.V. | CIDMEGA | 120 | Consumer Discretionary | Hotels Restaurants & Leisure | Hotels, Resorts & Cruise Lines |
Hoteles City Express, S.A.B. de C.V. | HCITY | 106 | Consumer Discretionary | Hotels Restaurants & Leisure | Hotels, Resorts & Cruise Lines |
Prologis Property Mexico, S.A. de C.V. | FIBRAPL | 93 | Financials | Real Estate Investment Trusts | Industrial REITs |
Consorcio Aristos, S.A.B. de C.V. | ARISTOSA | 89 | Industrials | Construction & Engineering | Construction & Engineering |
Grupo Sports World, S.A.B. de C.V. | SPORTS | 80 | Consumer Discretionary | Hotels Restaurants & Leisure | Leisure Facilities |
Dine, S.A.B. de C.V. | DINEB | 77 | Financials | Real Estate Management & Development | Real Estate Development |
Convertidora Industrial, S.A.B. de C.V. | CONVERA | 77 | Materials | Containers & Packaging | Paper Packaging |
Corporación Inmobiliaria Vesta, S.A.B. de C.V. | VESTA | 75 | Financials | Real Estate Management & Development | Real Estate Development |
Grupo Radio Centro, S.A.B. de C.V. | RCENTROA | 74 | Consumer Discretionary | Media | Broadcasting |
Asesor de Activos Prisma S.A.P.I. | FINN13 | 66 | Financials | Real Estate Investment Trusts | Hotel & Resort REITs |
Consorcio Hogar, S.A.B. de C.V. | HOGARB | 60 | Consumer Discretionary | Household Durables | Homebuilding |
Grupo Hotelero Santa Fe, S.A.B. de C.V. | HOTEL | 54 | Consumer Discretionary | Hotels Restaurants & Leisure | Hotels, Resorts & Cruise Lines |
Fibra Shop Portafolios Inmobiliarios S.A.P.I. de C.V. | FSHOP13 | 48 | Financials | Real Estate Investment Trusts | Retail REITs |
Proteak Uno, S.A.B. de C.V. | TEAKCPO | 32 | Materials | Paper & Forest Products | Forest Products |
Hilasal Mexicana, S.A.B. de C.V. | HILASALA | 25 | Consumer Discretionary | Textiles, Apparel & Luxury Goods | Textiles |
La Latinoamericana, Seguros, S.A. | LASEG | 20 | Financials | Insurance | Multi-line Insurance |
Sare Holding, S.A.B. de C.V. | SAREB | 5 | Consumer Discretionary | Household Durables | Homebuilding |
Fibra MTY, S.A.P.I. de C.V. | FMTY14 | 1 | Financials | Real Estate Investment Trusts | Office REITs |
Ingeal, S.A.B. de C.V. | INGEALB | 1 | Consumer Staples | Food Products | Packaged Foods & Meats |
Edoardos Martin, S.A.B. de C.V. | EDOARDOB | - | Consumer Discretionary | Textiles, Apparel & Luxury Goods | Apparel, Accessories & Luxury |
Concentradora Hipotecaria, S.A.B. de C.V. | FHIPO | - | Financials | Real Estate Investment Trusts | Office REITs |
Corporacion Geo, S.A.B. de C.V. | GEOB | - | Consumer Discretionary | Household Durables | Homebuilding |
Grupo Comercial Gomo, S.A.B. de C.V. | GOMO | - | Industrials | Trading Companies & Distributors | Trading Companies & Distributors |
Desarrolladora Homex, S.A.B. de C.V. | HOMEX | - | Consumer Discretionary | Household Durables | Homebuilding |
Red de Carreteras de Occidente, S.A.B. de C.V | RCOA | - | Industrials | Transportation Infrastructure | Highways & Railtracks |
Urbi desarrollos Urbanos, S.A.B. de C.V. | URBI | - | Consumer Discretionary | Household Durables | Homebuilding |
The Mexican Stock Exchange, commonly known as Mexican Bolsa, Mexbol, or BMV, is one of two stock exchanges in Mexico, the other being BIVA - Bolsa Institucional de Valores. It is the second largest stock exchange in Latin America, only after São Paulo based B3 in Brasil. It is also the fifth largest stock exchange in the Americas. The exchange platform is owned by BMV Group, which also owns the derivative exchange MexDer and the custody agency Indeval.
Grupo Financiero Banorte, S.A.B. de C.V., doing business as Banorte and as Ixe, is a Mexican banking and financial services holding company with headquarters in Monterrey and Mexico City. It is one of the four largest commercial banks of Mexico by assets and loans, and the largest retirement fund administrator.
Coca-Cola FEMSA, S.A.B. de C.V., known as Coca-Cola FEMSA or KOF, is a Mexican multinational beverage company headquartered in Mexico City, Mexico. It is a subsidiary of FEMSA which owns 47.8% of its stock, with 27.8% held by wholly owned subsidiaries of The Coca-Cola Company and the remaining 25% listed publicly on the Mexican Stock Exchange and the New York Stock Exchange. It is the largest franchise Coca-Cola bottler in the world, the company has operations in Latin America, although its largest and most profitable market is in Mexico.
Grupo Salinas is a corporate conglomerate formed in 2001 by several Mexican companies. The group consists of TV Azteca, Grupo Elektra, Mazatlán F.C., Telecosmo, and Italika. Each of these companies operates independently with its own management and board of directors.
The Colombia Securities Exchange is a stock exchange which was created as a result of merging three independent stock exchanges: Bogotá, Medellín and Occidente. It has offices in Bogotá, Medellín and Cali. Furthermore, with the bvc Training Centers the company is located in 19 Colombian cities through agreements with universities and chambers of commerce.
Ecopetrol, formerly known as Empresa Colombiana de Petróleos S.A. is the largest and primary petroleum company in Colombia. As a result of its continuous growth, Ecopetrol forms part of the Fortune Global 500 and was ranked 346. In the 2020 Forbes Global 2000, Ecopetrol was ranked as the 313th -largest public company in the world. It was ranked 303 in 2012 by CNN Money.
Bolsas y Mercados Españoles is the Spanish company that deals with the organizational aspects of the Spanish stock exchanges and financial markets, which includes the stock exchanges in Madrid, Barcelona, Bilbao and Valencia. In addition to the trading of shares and bonds, BME offers access to a number of other products and the clearing and settlement of operations. BME is also developing a technological consultancy, operating in 23 countries and mainly providing trading systems.
Alpek S.A.B. de C.V., known as Alpek, is a Mexican chemical manufacturing company headquartered in San Pedro Garza García, in Greater Monterrey, Mexico. It is one of the largest PET and PTA producers in the Americas and the sole producer of polypropylene and caprolactam in Mexico. It is the largest business unit of the industrial conglomerate Alfa, representing 37% of its revenues for 2014. It is also the largest chemical company in Mexico according to Expansion magazine.
Fresnillo plc is a Mexican precious metals mining company incorporated in the United Kingdom and headquartered in Mexico City. Fresnillo is the world's largest producer of silver from ore and Mexico's second-largest gold miner. It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.
Grupo Aeroportuario del Sureste, S.A.B. de C.V., known as ASUR, is a Mexican airport operator headquartered in Mexico City, Mexico. It operates 9 airports in the southeastern states of Mexico, including that of Cancún. It is the third largest airport services company by passenger traffic in Mexico. It serves approximately 23 million passengers annually.
Colonia Cuauhtémoc is a colonia in the Cuauhtémoc municipality of central Mexico City. It is located just north of Paseo de la Reforma, west of the historic center of Mexico City.
Grupo Aeroportuario Centro Norte, S.A.B. de C.V., known as OMA, is a Mexican airport operator headquartered in San Pedro, near Monterrey, Mexico. It operates 13 airports in the central and northern states of Mexico, including that of Monterrey, one of Mexico's largest cities. It is the fourth largest airport services company by passenger traffic in Mexico. It serves approximately 15 million passengers annually.
Nippon Electric Glass Co., Ltd., also known as NEG, is a Japanese glass manufacturer. The company is a manufacturer of glass for flat panel displays (FPD). It has about 20% share in the world's production of glass for liquid crystal displays (LCD).
Banco Bilbao Vizcaya Argentaria, S.A., better known by its initialism BBVA, is a Spanish multinational financial services company based in Madrid and Bilbao, Spain. It is one of the largest financial institutions in the world, and is present mainly in Spain, Portugal, Mexico, South America, Turkey, Italy and Romania.
Bolsa Mexicana de Valores, S.A.B. de C.V., also known as Bolsa Group or BMV Group, is a Mexican financial services company headquartered in Mexico City, Mexico. It is the owner and operator of the Mexican Stock Exchange and other financial services companies, such as the custody institution Indeval, the derivatives exchange MexDer, and the market data provider ValMer.
The Institutional Stock Exchange, commonly known as BIVA, is Mexico's second stock exchange, based in Mexico City. BIVA began operations on 25 July 2018 and trades the same instruments as the other exchange in Mexico, the Bolsa Mexicana de Valores: equities, debts, warrants and some Mexican-specific instruments such as CKDs and FIBRAs.
Banco del Bajío, S.A. Institución de Banca Múltiple, doing business as BanBajío, is a Mexican bank headquartered in León, Guanajuato, Mexico. It is one of the major banks in Mexico and fastest growing local banks in the country. It is the 8th largest in terms of customer deposits and provided lending services.
Fomento Económico Mexicano, S.A.B. de C.V., doing business as FEMSA, is a Mexican multinational beverage and retail company headquartered in Monterrey, Mexico. It operates the largest independent Coca-Cola bottling group in the world and the largest convenience store chain in Mexico. It is also a shareholder of Heineken N.V.