Bill Gates Buys Stake In Mexican Beer Brewery

Posted: Dec 21 2007, 7:45am CST | by , Updated: Aug 11 2010, 5:24am CDT, in News | Other Stuff

Bill Gates buys Stake in Mexican Beer Brewery
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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.

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<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
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