Makro grows in the store's sale agreement to Grupo Muffato

There is an expectation that the transaction with Muffato could be closed in the coming weeks if the talks continue progressing at the current pace.

Makro's operation in the distribution centre in Cajamar (SP)

07/25/2022

The negotiation for the sale of 24 stores of the Makro wholesale network, located in São Paulo, to Grupo Muffato has progressed in recent weeks adding the network's headquarters and distribution centre in Cajamar (SP) to its deal.

Makro representatives began surveys of potentially interested parties, evaluating the assets at around R$3 billion. However, the market projects that the deal should be closed at a price below this level at R$2 billion.

There is an expectation that the transaction with Muffato could be closed in the coming weeks if the talks continue progressing at the current pace.

Source: Valor Econômico

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