Bill Gates buys Stake in Mexican Beer Brewery
Topic: Other Stuff
Posted on Fri, 21 Dec 2007 07:45:11 CST | by Luigi Lugmayr
Microsoft founder Bill Gates invested $392 million into purchasing a stake in Mexican brewery Femsa.
Femsa, also known as Fomento Economico Mexicano, is based in the northern city of Monterrey and has a history going back to 1890.
Femsa's Mexican beer brands include, Sol (I like that one a lot), Tecate, Superior, and Kaiser.
Femsa is not a romantic Mexican beer brewer, they are also big in soft drinks.
Bill Gates's investment is surely driven by return and not by beer taste.
More details on Reuters.
Posted on Fri, 21 Dec 2007 07:45:11 CST | by Luigi Lugmayr
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