Solistica, the largest of the companies that make up FEMSA Negocios Estratégicos in terms of revenue, is a logistics solutions integrator (3PL) that serves more than 4,000 clients in seven countries.
Today, Solistica has more than 23,000 employees who offer customized and comprehensive solutions for transportation, warehousing and other value-added services.
Solistica in figures
In November 2000, Coca-Cola FEMSA entered into a service contract with a FEMSA subsidiary, Solistica, SA de CV, to transport finished products from its bottling plants to its distribution centers within Mexico.
Additionally, FEMSA, through its strategic business unit, provides Coca-Cola FEMSA with logistics services, refrigeration solutions at the point of sale and plastics solutions in the countries where it operates.
Solistica seeks to place its clients at the center of everything it does. For this reason, it has developed a Business Model based on its three service areas: Transportation, Storage and Other Services.
All this allows Solistica to standardize its offer in all regions.
Supported by three transversal functions — technology, operational efficiency and commercial management — the model guarantees, according to Solistica, an integrated and approved operation in all its regions.
For now, Solistica’s client portfolio is comprised primarily of Fortune 500 companies spanning the following industries:
- Clothing / Textile
- Home and Personal Care
- Food and drinks
- Auto parts
- Animal Health and Nutrition
Solista brings together the experience and capacity of logistics operations in Brazil, Colombia, Mexico and Latincentro, to potentiate them under the same vision and the highest service standard.
Coca-Cola FEMSA regularly participates in transactions with FEMSA and its subsidiaries, including the sale of its products.
The total amount of these sales was 5,020 million, 5,694 million and 5,200 million pesos in 2020, 2019 and 2018, respectively.
Basically, all of these sales consist of sales to FEMSA Comercio, which operates OXXO, the convenience store chain.
Coca-Cola FEMSA also purchases products and receives services from FEMSA and its subsidiaries.
The total amount of these purchases was 6,538 million, 7,756 million and 8,878 million pesos in 2020, 2019 and 2018, respectively.
These amounts are mainly related to raw materials, assets and services provided by FEMSA.
It also purchases products from Heineken and its subsidiaries (in which FEMSA owns a non-controlling interest) mainly in Brazil.
The total amount of these purchases was 11.600 million, 12.755 million and 14.959 million in 2020, 2019 and 2018, in that order. These amounts mainly refer to beer and other products.
Coca-Cola FEMSA distributes and sells Heineken beer products in its Brazilian territories in accordance with the distribution agreement entered into in 1993 with Heineken Brazil.
In February 2021, it entered into a new distribution agreement with a five-year term, which is subject to automatic renewal based on certain terms and conditions.