Fomento Económico Mexicano, S.A.B. de C.V. (BMV:FEMSA UBD) is looking for Bolt-On Acquisitions. During Third Quarter 2024 Results Conference Call Jose Antonio Fernandez Carbajal, Chief Executive Officer of our Proximity and Health Division said," we're continuing to drive growth by increasing volume at our retail stations as well as pursuing incremental growth with institutional clients, cautiously optimistic on our ability to obtain permits to increase our station base organically and pursuing small bolt-on acquisitions in a very disciplined manner". Martin Arias Yaniz, Chief Financial Officer said,"As we move forward, our focus remains on prioritizing investments that can deliver the best risk-adjusted returns within our 3 core verticals.
We aim to balance our expenditures with prudent cash management, ensuring we retain the flexibility to seize growth opportunities including potential acquisitions".