Farmacias Benavides
Encyclopedia
It was founded in 1917 in Monterrey
Monterrey
Monterrey , is the capital city of the northeastern state of Nuevo León in the country of Mexico. The city is anchor to the third-largest metropolitan area in Mexico and is ranked as the ninth-largest city in the nation. Monterrey serves as a commercial center in the north of the country and is the...
, Mexico
Mexico
The United Mexican States , commonly known as Mexico , is a federal constitutional republic in North America. It is bordered on the north by the United States; on the south and west by the Pacific Ocean; on the southeast by Guatemala, Belize, and the Caribbean Sea; and on the east by the Gulf of...
, and has been partly owned since December 2002 by the Chilean pharmacy company Farmacias Ahumada. "Farmacias Benavides" has since returned to financial health, and is now opening new locations throughout the region.
It began operations as Botica del Carmen in Monterrey, and opened its first drugstores in 1940 in this same city. It grew over the next 60 years to have over 600 drugstores throughout northern and western Mexico.