Radar > 226167

Casas Bahia to operate again in Rio Grande do Sul

A Casas Bahia volta a atuar no Rio Grande do Sul

Intel ID : 226167
Synopsis

Brazil-based Casas Bahia, held by Via Varejo controlled by Grupo Pão de Açucar, will open stores, once again, in Rio Grande do Sul, six years after closing all its outlets in this state due to failure of the market in this region, confirmed Via Varejo in an article published by Valor Econômico on 15 June 2015.

Six years ago, the investment to open Casas Bahia stores was BRL 300m. After the failure, these were replaced by Ponto Frio stores, another brand held by Via Varejo, which will now, with all these changes, be present only in shopping malls.
(content in portuguese)

A companhia brasileira Casas Bahia, pertencente à rede Via Varejo do Grupo Pão de Açúcar, vai voltar a abrir suas lojas no estado do Rio Grande do Sul após seis anos, quando foram encerradas seus pontos de venda no estado, devido ao seu fracasso no mercado da região, segundo confirmou a Via Varejo para o jornal Valor Econômico no dia 15 de junho de 2015.

Há seis anos o investimento realizado para a abertura das lojas Casas Bahia foi de BRL 30m. Depois de não ter sucesso no estado, foram substituídas por lojas da Ponto Frio, que é outra companhia do grupo Via Varejo, que agora com as mudanças vão passar a ser unicamente unidades premium nos shoppings centers.

Bidder

Ultimate Owner (Buyer)

VIA
Brazil

Intel ID 226167
Value ND
Native Currency Brazilian Real (BRL)
Exchange Rate:
Financial Data - Casas Bahia
(31 Dec 2016)
Revenue: EUR 88,40m
EBITDA: EUR 45,85m
Exchange Rate:
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Bidder

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Distribution and Retail (Primary)
Primary Sector (TTRSC)
15.05.10 Home Improvement Retail
15 Consumer Products & Services / 15.05 Distribution & Retail

Country
Website
Description

Ultimate Owner (Buyer)

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Distribution and Retail (Primary)
Primary Sector (TTRSC)
15.05.11 Multiline Retail (Department, Discount & Convenience Stores)
15 Consumer Products & Services / 15.05 Distribution & Retail

Country
Website
Description

Related Entity

Name
Subsector (Old TTR Sectors)
Services and Distribution / Distribution and Retail (Primary)
Secondary Sectors (TTRSC)
10.01.02 Consulting & Professional Development Services
10 Business Services / 10.01 Business & Professional Support Services

10.01.03 Distributors & Wholesalers (B2B)
10 Business Services / 10.01 Business & Professional Support Services

10.01.99 Other Business & Professional Support Services
10 Business Services / 10.01 Business & Professional Support Services

10.02.01 Advertising & Marketing Services
10 Business Services / 10.02 Marketing & Advertising

15.05.04 Computer & Electronics Retail
15 Consumer Products & Services / 15.05 Distribution & Retail

35.10.01 Air Freight & Logistics
35 Industrials / 35.10 Transportation & Logistics

35.10.11 Supply Chain Logistics
35 Industrials / 35.10 Transportation & Logistics

35.10.99 Other Transportation & Logistics
35 Industrials / 35.10 Transportation & Logistics

40.03.01 Browsers, Search Engines & SEO
40 Information Technology / 40.03 Internet, Software & IT Services

40.03.06 Hosting, Data Storage & Processing
40 Information Technology / 40.03 Internet, Software & IT Services

40.03.07 IT Consulting, Development & Outsourcing
40 Information Technology / 40.03 Internet, Software & IT Services

Country
Website
Description

Related Entity

Name
Subsector (Old TTR Sectors)
Services and Distribution / Distribution and Retail (Primary)
Primary Sector (TTRSC)
10.01.03 Distributors & Wholesalers (B2B)
10 Business Services / 10.01 Business & Professional Support Services

Secondary Sectors (TTRSC)
15.05.08 Food & Beverage Retail
15 Consumer Products & Services / 15.05 Distribution & Retail

Country
Website
Description

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.