Press Release Torrey-FEMSA
MEXICO CITY, MEXICO - Seale & Associates, Inc. ("Seale"), announced that it acted as exclusive financial advisor to the shareholders of Grupo Torrey on the sale of their business to FEMSA. Torrey is the leading independent commercial kitchen equipment company in Mexico. FEMSA (BMV: FEMSA) is a diversified conglomerate in consumer products and convenience stores.
Torrey was founded in 1969 in Monterrey, Nuevo Leon. Its product line includes refrigerators, meat slicers, scales and measuring equipment, among others. The company exports products globally and serves its customers in Mexico through a strong network of distributors.
FEMSA is a leading Mexican company that participates in the beverage industry through Coca-Cola FEMSA, the largest Coca-Cola product bottler in the world, in the beer industry, through its ownership of the second largest shareholding in Heineken and in its convenience store division, with OXXO, the largest and fastest growing convenience store chain in Latin America.
Seale & Associates, Inc., headquartered in Arlington, Virginia, is a global investment banking firm with extensive experience in mergers and acquisitions, corporate finance advisory, and enterprise level strategy consulting. Our professionals are trusted advisors maintaining a high level of quality and integrity while presenting innovative ideas and solutions to address our clients' most complex dealings. For more information please visit www.sealeassociates.com.