Mexico's Femsa buys drugstore operator

lunes 1 de diciembre de 2014 17:10 GYT
 

MEXICO CITY Dec 1 (Reuters) - Mexico's Femsa said on Monday it agreed to buy Farmacias Farmacon, a drugstore operator based in the country's western state of Sinaloa, for an undisclosed sum.

Femsa, which owns and operates Oxxo corner stores, said the purchase was an important step in its strategy to establish itself the small-box retail segment.

(Reporting by Christine Murray)