June 18, 2024

Columbus Post

Complete News World

Low pay, unhealthy products: Valora buyers have a bad reputation

Low wages, unhealthy products

Mexican Valora buyers have a terrible reputation

The Mexicans want to take over the Swiss kiosk group. Now it’s known: Valora’s buyer is being criticized for controversial business practices in Mexico.

Who was Valora in bed with? Mexican multinational Femsa is looking to expand into Europe by snapping up Swiss kiosk group Valora. But even if the group won, it was controversial. As the “SonntagsZeitung” writes.

FEMSA employs 320,000 people worldwide, operates 3,600 pharmacies in Mexico, Ecuador, Colombia and Chile and 20,500 Oxo branches in Latin America. A major player looking to expand in the US as well.