
Mateus buys eight extra Carrefour shops
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- October 13, 2022
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Retailer in the Northeast got a total of 10 out of 14 BIG stores sold, and gaúcha Asun with four
Carrefour finalized the sale of 14 stores that were part of Cade’s determination to approve the purchase of BIG/Walmart Brasil. In the mandate, executed by Bradesco BBI, the group had already sold four stores in the South to the Asun chain and two stores in the Northeast to the retailer Mateus. At the end of last week, it signed the sale of the eight stores that Mateus also lacked, Pipeline found out.
The process was more competitive in the Northeast, where the Novo group (a wholesaler from Pernambuco created by the former owner of Bretas), Cencosud and Grupo Pão de Açúcar also evaluated the assets and even made a proposal for some units – but Carrefour preferred to negotiate the package. complete.
In the South, Condor and Imec also evaluated some units. The acquisition of the four stores for sale in the region changes the level of Asun, which was the fifth largest local retailer. Asun took advantage of the acquisition to launch a cash and carry brand, Leve Mais. The process had less traction as not all stores operated on their own property.
In the Northeast, the Mateus group has partnered with funds and real estate managers, who keep the properties and the chain operates the stores paying rent. According to a source, some of the stores bought from Carrefour in the last week should seek this type of arrangement. Conversations between retailers around the units had already been taking place in recent months, showed the value.
Source: Value Pipeline