Femsa Comercio operates its company-owned convenience stores under the Oxxo name. Oxxo's total reported store count was 15,225 at the end of fiscal 2016, making it the largest convenience store chain and third-largest retailer in Mexico. The firm also recently expanded into the drugstore channel. The majority of these stores are located in Mexico and the remainder are in Colombia. The company holds a nearly 50% stake in Coca-Cola Femsa, which is Coca-Cola's largest bottler by volume, and a 20% stake in Heineken.