IMAP Colombia advises AD Retail on its successful merger with Empresas La Polar
IMAP is pleased to announce that Inverlink - IMAP Colombia has advised AD Retail on its successful merger with Empresas La Polar; two prominent forces in the Chilean retail market.
The integration of AD Retail, a consumer electronics retailer boasting 70 nationwide stores, and Empresas La Polar (SN:NUEVAPOLAR), a department store retailer with a presence in 39 stores across the country, not only creates substantial synergies but also paves the way for future expansion, creating a robust impact within Chile’s Retail sector.
This strategic transaction also included the refinancing of the financial liabilities of both AD Retail and Empresas La Polar, a key step in securing the long-term sustainability of their business operations. The transaction empowers both companies to strengthen and solidify their presence in the Chilean market, thereby fortifying the Retail sector in the region.
The team from Inverlink - IMAP Colombia, led by Enrique Vargas, acted as exclusive financial advisor to AD Retail throughout the process.