24 Aug 2023 --- Multinational beverage and retail company Fomento Económico Mexicano (Femsa) is reportedly planning to sell Envoy Solutions, a US foodservice and packaging company, to private capital firms Warburg Pincus and Kelso & Co. for US$5 billion. Envoy Solutions, based in Glenview, US, is a specialized distributor and solution provider serving the US market through distributors and specialty marketing solutions. Its focus is on facility care, foodservice, packaging and marketing execution. With the support of its parent company, Femsa, Envoy Solutions says it can create value for its customers, vendors, employees and communities. Mexico’s Coca-Cola bottler Femsa has over 30 subsidiaries that range from chemical and biological disposal to marketing solutions.
