Mill Point Capital completed the acquisition of refrigeration and foodservice equipment operations of FEMSA for $443m.

Mill Point Capital, a private equity firm, completed the acquisition of refrigeration and foodservice equipment operations from Femsa for $443 million. This transaction represents an additional step in the continued execution of the FEMSA Forward plan that was communicated in February of 2023. The transaction is subject to regulatory approvals and other customary conditions, and is expected to close in the following months.