New Convenience Store Player, Mexico-based FEMSA, to open 70-Oxxo Texas Stores after $385M acquisition of 249 Delek US (DK) c-stores

  • 8/7/2024

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The company that owns thousands of Oxxo convenience stores in Mexico is crossing the border into El Paso and other parts of West Texas and New Mexico. Oxxo’s parent company, FEMSA, bought 249 DK convenience stores for $385 million and the plan is to convert the stores to Oxxo’s. Oxxo has 22,658 stores in Mexico, including in Juárez, and 1,022 stores in South America.

Delek US Holdings (NYSE: DK)
Tony Miller | Executive Vice President, Retail

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