“the most important movement of the Carrefour Group in Brazil since the acquisition of Atacadão in 2007” – says the company’s global president, in an announcement to shareholders.
Carrefour buys 30 Makro stores in Brazil for R$1.95 billion.
These points are distributed across 16 states and the Federal District. Together, they total 165 thousand square meters of area for sales. Which meant, in 2019, R$2.8 billion sold, considering all of them.
Of the 30 markets purchased, 8 are rented properties and 22 are owned. As if that were not enough, 14 gas stations operated by Makro were also acquired.
According to the statement, they will be integrated into the Atacadão chain, a wholesale retail chain, stores that sell wholesale and retail. The plan is to convert the brands of all 30 stores within 12 months.
In October 2019, the company had agreed to purchase 49% from fintech Ewally, with an option to purchase control after three years.
The points acquired are located in the following states: Rio de Janeiro, Paraná, Goiás, Bahia, Pernambuco, Ceará, Mato Grosso, Alagoas, Santa Catarina, Pará, Amazonas, Piauí, Sergipe, Rio Grande do Sul, Paraíba and Tocantins, in addition to the Federal District.
Makro still intends to sell 14 more units
With this sale, Macro, a brand of the Dutch group SHV, now has 38 stores in the country. However, the expectation is to sell 14 stores to other chains, as the goal is to focus on operations in the state of São Paulo, where there are still 24 stores.
According to the company, the closing of the deals is subject to final approval by CADE (Administrative Council for Economic Defense).
Makro said in a statement that it will continue its operations in Brazil, including the 24 stores in the state of São Paulo, which need to be revitalized and expanded. The company also said it will invest in a new perishables distribution center.
Carrefour Brasil ended 2019 with 692 stores in the country, of which 186 are Atacadão.