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Jerónimo Martins SGPS S.A.

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Jerónimo Martins SGPS S.A.
The Company operates supermarkets, cash and carry stores and across multiple geographies
Acquired an Interest in the Seller's Buisness
Finançor Distribuição Alimentar S.A.
The Company operates supermarkets and cash and carry stores in the Azores.
Advised on Sale of Company

Advised Finançor on an equity investment by Grupo Jerónimo Martins

Advised Finançor on a 20% equity investment by Grupo Jerónimo Martins in Finançor’s food distribution business.

 

Jeronimo Martins SGPS SA (Jeronimo Martins), a unit of Sociedade Francisco Manuel dos Santos BV, planned to acquire a 20% stake in Financor Distribuicao Alimentar SA, a Ponta Delgada-based supermarket operator, a unit of Financor Agro Alimentar SA, ultimately owned by Financor SGPS SA, in a privately negotiated transaction. Concurrently, Jeronimo Martins planned to acquire a 20% stake in Financor Cash&Carry SA.

 

 

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