Add-on Acquisition • Retail

Komax Acquires SiSi

On January 13, 2019, Komax acquired retailer SiSi

Acquisition Context
  • This is Komax’s 1st transaction in the Retail sector.
  • This is Komax’s 1st transaction in Uruguay.

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M&A Deal Summary

Date January 13, 2019
Target SiSi
Sector Retail
Buyer(s) Komax
Deal Type Add-on Acquisition

Target Company

SiSi

Montevideo, Uruguay
SiSi is a retail chain in Uruguay for underwear and lingerie, with 57 multibrand stores (44 owned and 13 franchised). In addition to underwear and lingerie, the company stores sell accessories, beauty products, beachwear, sleepwear, and athletic gear. SiSi was formed in 1962 and is based in Montevideo, Uruguay.
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Buyer Overview 1

Buyer

Komax

Huechuraba, Chile

Category Company
Founded 1990
Sector Retail
DESCRIPTION

Komax is a retailer that distributes brands such as The North Face, GAP, Brooks Brothers, DC, Kipling and others. Komax was founded in 1990, operates through 147 store locations, 114 in Chile and 33 in Peru.


Deal Context for Buyer #
Overall 1 of 1
Sector: Retail 1 of 1
Type: Add-on Acquisition 1 of 1
Country: Uruguay 1 of 1
Year: 2019 1 of 1

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