Cencosud Internacional Acquires Makro Supermayorista (Makro) in Colombia for $158 Million

Banco Macro S.A. Acquires Banco Sáenz S.A.

March 20, 2026

Financial Services

Banco Macro S.A. entered into a stock/share purchase agreement to acquire 100% of Banco Sáenz S.A. from the named sellers, with closing subject to Central Bank approval in Argentina. The deal is part of Banco Macro’s expansion into the digital ecosystem and is expected to position Banco Sáenz as a banking platform for digital wallet growth.

Cencosud Acquires The Fresh Market and GIGA Atacado

November 10, 2022

Retail

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.

Cencosud Acquires 67% Stake in The Fresh Market from Apollo Funds

May 11, 2022

Retail

Cencosud agreed to acquire a 67% majority stake in The Fresh Market Holdings, Inc. for a $1.568 billion enterprise valuation, investing $676 million in a mix of primary and secondary equity. The deal provides Cencosud with entry into the U.S. market while existing shareholders (including funds managed by Apollo, the Berry family and management) retain a minority interest and The Fresh Market’s management will continue to operate the business.

ProA Capital Acquires Majority Stake in La Casa de las Carcasas

September 3, 2021

Retail

ProA Capital has purchased a majority stake in La Casa de las Carcasas in a transaction valued at more than €100 million; founder Ismael Villalobos remains as a minority shareholder. The deal aims to accelerate the retail chain's international expansion — the company operates nearly 260 stores (headquartered in Jaraíz de la Vera, Cáceres) and plans further growth across Europe and Latin America.

Cinven, KKR and Providence Complete Acquisition of MASMOVIL

November 17, 2020

Telecommunications

A consortium led by funds managed or advised by Cinven, KKR and Providence Equity (through Lorca Telecom Bidco SAU) has completed the acquisition of MASMOVIL IBERCOM, S.A., acquiring approximately 99.3% of the group's outstanding shares at a valuation of about €5.3 billion. The consortium said the deal will enable MASMOVIL to accelerate its investment strategy and pursue growth and projects to strengthen its position in the Spanish telecommunications market.

ACON Investments Acquires Majority Stake in Sola de Antequera (Alsur)

July 31, 2020

Food & Beverage

ACON Investments, together with Madrid-based Quarza Inversiones, acquired a majority stake in Sola de Antequera S.A. (Alsur), a producer, processor and distributor of preserved and canned vegetables with production facilities in Spain and Peru and sales across Spain and the United States. The Jiménez Family and Mario Mustafá Aguinaga retain a significant minority stake; ACON said the strategy will focus on expanding Alsur's footprint in Spain and accelerating growth into the U.S.