Cencosud Acquires Makro in Colombia and Advances Its Expansion in the Wholesale Business Across the Region

Cencosud Acquires Makro in Colombia and Advances Its Expansion in the Wholesale Business Across the Region

The transaction involves an estimated investment of US$158 million, fully financed with own resources.

The acquisition of Makro adds 21 stores in 16 cities, strengthening Cencosud’s position in the Cash & Carry format and expanding its presence in Colombia.

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.