Cencosud Acquires Makro in Colombia and Advances Its Expansion in the Wholesale Business Across the Region
Higher education in Financial Engineering and Money & Capital Markets. SPK (Turkey CMB) licence. 16 years across institutional markets, research, and quant-driven analytics.
AI summary
SANTIAGO, Chile--(BUSINESS WIRE)--Cencosud today announced the acquisition of 100% of Makro Supermayorista in Colombia, reinforcing its growth in the region and its positioning in the Cash & Carry format. The transaction, carried out through its subsidiary Cencosud Internacional SpA, involves an estimated investment of US$158 million, fully financed with the company’s own resources. Makro has more than 25 years of experience in Colombia and operates 21 stores in 16 cities, including Bogotá,
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