Almacenes Éxito: the truth about the alleged sale plan | GPA | Companies | Business

For several days there has been talk regarding a possible Almacenes Éxito sales plan, one of the largest companies in Colombia. Added to this was information regarding an alleged departure of the company from the country.

(Vea: Grupo Éxito achieved revenues of COP 4.7 billion in the second quarter).

The comments came following Brazilian Distribution Company (GPA), what is he direct controlling shareholder of Almacenes Éxito, published an information in which he assured that “is always evaluating strategic projects to create value for its shareholders and, in this context, preliminary studies are being carried out to separate the GPA and Éxito businesses, with the aim of unlocking the value of Éxito“.

GPA added that the effective implementation of any transaction aimed at segregate Success depends on the completion of preliminary studies, as well as obtaining the necessary approvals, as determined by law and applicable regulatory bodies.

(Vea: Formulas of a leader, according to Carlos Mario Giraldo, president of Éxito).

GPA will keep its shareholders and the market informed of any relevant fact related to this matter.“, hill.

And what did Grupo Éxito say?

The company reported that it has more than one billion pesos of investments planned between 2022 and 2023 in Colombia. For this year, it will allocate $500,000 million and for the incoming year it will be regarding $600,000 million, with a growth of 20%.

On Thursday the 18th, it also opened, with its Carulla brand, two new renovated stores: La Visitación, in Medellín, and CityPlaza, in Envigado.

(Vea: Innovations, the steps to grow in Grupo Éxito).

As explained by the company, an expansion plan for its innovative formats is planned for this year (Éxito Wow, Carulla FreshMarket, Super Inter Vecino, Surtimayorista and Surtimax), renovating between 60 and 70 stores in Colombia and assuming the operation of six hypermarkets that operated the 14.

Now, more than ever, we have to do our best to achieve balanced economic and social growth and to protect our planet”, affirmed Carlos Mario Giraldo Moreno, president of Grupo Éxito.

Regarding what was said by GPA, Grupo Éxito explained that the analyzes that are under way are framed in the intention of always evaluating strategic projects that aim to create value for its shareholders.

(Vea: This is how it is to work in the Colombian company that has 4 working days).

BRIEFCASE

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