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

Mill Point Capital, a private equity firm, agreed to acquire the refrigeration and foodservice equipment operations of FEMSA, a Mexican multinational beverage and retail company, for $443m. 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.