DK Innovation (US), Inc. reposted this
We are pleased to announce the strategic sale of our Retail Division to FEMSA, the owner of OXXO, one of the largest convenience retailers in the Americas. This acquisition is a testament to our commitment to unlocking value across our business and fostering growth opportunities for all stakeholders. With OXXO’s extensive reach in the Americas, the sale of our Retail assets signifies a promising new chapter for Delek. Our Retail stores are poised to become a cornerstone of their US operations. This transaction is aligned with our strategic objectives and is designed to bring forth opportunities for all of our employees, across the organization. Delek is incredibly excited for the opportunities ahead and the future relationship with the CEO of FEMSA Proximity and Health Division Jose Antonio Fernandez Garza and the FEMSA team. Thank you to the dedicated Delek team who made this deal possible. Full Press Release: https://lnkd.in/g2RyHhMD