Acquiring Company
Fomento Economico Mexicano S.A.B. de C.V
Acquired Company
Delek
Monterrey
BrentwoodRetailLogisticsEnergyOil And GasLogisticsDescription
FEMSA has acquired 249 Delek locations in a deal worth $385 million to expand its presence in the U.S. The convenience stores, previously under the DK Convenience brand, will transition to OXXO. This acquisition establishes FEMSA in the Southwest United States, primarily in Texas, New Mexico, and Arkansas.
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Based on deal dataFrequently asked
Who acquired Delek?
Delek was acquired by Fomento Economico Mexicano S.A.B. de C.V, based in Monterrey. The deal was reported on July 28, 2026. FEMSA is a beverage bottler and convenience-store retailer. It operates OXXO, the largest convenience-store chain in Mexico. Fomento Economico Mexicano S.A.B. de C.V is privately held and operates in Retail.
When did Fomento Economico Mexicano S.A.B. de C.V acquire Delek?
Fomento Economico Mexicano S.A.B. de C.V's acquisition of Delek was reported on July 28, 2026. FEMSA has acquired 249 Delek locations in a deal worth $385 million to expand its presence in the U.S. The convenience stores, previously under the DK Convenience brand, will transition to OXXO. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Delek do?
Delek is a major operator of convenience stores and fuel stations. It operates a network of convenience stores primarily under multiple brands in the United States. Delek is known for its significant presence in the Southwest region. It is publicly traded (DK), operating in Energy, and is based in Brentwood.