Radar > 234871

Grupo Sonae to make acquisitions and partnerships in 2016

Grupo Sonae deverá realizar novas aquisições e parcerias em 2016

Intel ID : 234871
Synopsis

Grupo Sonae (Euronext Lisboa: SON), a Portuguese retail group, intends to finish 2016 with a growth superior to that of 2015. The goal is to carry out acquisitions, as published by newspaper Económico on 18 March 2016, citing its CEO, Paulo Azevedo.

According to Azevedo, the company should carry out acquisitions and new partnerships similar to those with Grupo Fathima.

Still according to the news, the objective is to take the brand to emerging countries, mainly in Africa and the Middle East.
(content in portuguese)

O Grupo Sonae (Euronext Lisboa: SON), empresa portuguesa que atua na área do retalho, está empenhada em fechar 2016, com um crescimento superior ao registado em 2015, para isso a empresa deverá voltar-se para aquisições, segundo publicou o Económico em 18 de março de 2016, citando ao CEO, Paulo Azevedo.

Segundo Paulo Azevedo, a empresa deverá realizar novas aquisições e novas parcerias semelhantes as feitas com o Grupo Fathima.

Ainda segundo a publicação, o objetivo da empresa é levar a marca para países em desenvolvimento, sobretudo África e Médio Oriente.

Bidder


Intel ID 234871
Value ND
Native Currency Euro (EUR)
Financial Data - Grupo Sonae
(31 Dec 2024)
Revenue: EUR 10.439,14m
EBITDA: EUR 1.061,38m
Net Debt: EUR 3.325,78m
People: 57359
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Bidder

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Distribution and Retail (Primary)
Real Estate and Construction / Real Estate
Technology and Telecoms / Technology
Primary Sector (TTRSC)
25.03.01 Real Estate Development & Operating Companies
25 Financial Services / 25.03 Real Estate

Secondary Sectors (TTRSC)
15.08.02 Consumer Repair Services
15 Consumer Products & Services / 15.08 Personal & Household Services

25.01.04 Consumer Finance
25 Financial Services / 25.01 Banking & Investment

25.04.03 Holding Companies / Financial Holding Companies
25 Financial Services / 25.04 Other Financial Services

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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.