Cencosud Acquires The Fresh Market and GIGA Atacado
November 10, 2022
Cencosud completed acquisitions of U.S.-based The Fresh Market and Brazil-based GIGA Atacado, which were integrated into the group's results in 3Q22 and materially contributed to revenue and Adjusted EBITDA growth. The deals expand Cencosud's supermarket footprint across the United States and Brazil and support the group's inorganic growth and market share strategy.
- Buyers
- Cencosud S.A.
- Targets
- The Fresh Market, GIGA Atacado
- Industry
- Retail
- Location
- North Carolina, United States
- Transaction Type
- Buyout
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