M&A Deal Summary

Walmart Acquires Sonae - Retail Operations

On December 14, 2005, Walmart acquired retailer Sonae - Retail Operations from Sonae SGPS S.A for 635M EUR

Acquisition Highlights
  • This is Walmart’s 4th transaction in the Retail sector.
  • This is Walmart’s 6th largest (disclosed) transaction.
  • This is Walmart’s 2nd transaction in Brazil.

M&A Deal Summary
Date 2005-12-14
Target Sonae - Retail Operations
Sector Retail
Buyer(s) Walmart
Sellers(s) Sonae SGPS S.A
Deal Type Divestiture
Deal Value 635M EUR

Target

Sonae - Retail Operations

Brazil
Sonae - Retail Operations in Brazil, which include 140 hypermarkets, supermarkets and wholesale units.

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Buyer(S) 1

Buyer

Walmart

Bentonville, Arkansas, United States
Category Company
Founded 1945
Sector Retail
Employees2,100,000
Revenue 611.3B USD (2023)
DESCRIPTION
Entrance to Walmart's corporate campus in Bentonville, Arkansas.
Entrance to Walmart's corporate campus in Bentonville, Arkansas.

Walmart is a discount retailer with operations across the globe. Walmart operates Wal-Mart Stores, Supercenters, Neighborhood Markets and SAM?S CLUBS in the US. Internationally, the company operates in Puerto Rico, Canada, China, Mexico, Germany, United Kingdom, Argentina, and South Korea. Walmart was formed in 1945 and is based in Bentonville, Arkansas.

DEAL STATS #
Overall 5 of 22
Sector (Retail) 4 of 6
Type (Divestiture) 2 of 2
Country (Brazil) 2 of 2
Year (2005) 1 of 1
Size (of disclosed) 6 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-03-01 Bompreco S.A.

Recife, Brazil

Bompreco is a supermarket and hypermarket chain in Brazil’s Northeast region. In nine states across the Northeast region of Brazil, Bompreco operates a number of different formats including Hiper Bompreco hypermarkets ranging in size between 4,000 and 12,500 square meters, and offering 45,000 lines including clothing and electronics. Bompreco supermarkets have a sales area of up to 3,200 square meters, offering around 10,000 lines. Bompreco also operates mini-markets and Balaio discount stores, as well as a small number of ’Hiper Magazine’ stores.

Buy $300M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-01-23 Distribución y Servicio D&S S.A.

Santiago, Chile

Distribución y Servicio D&S S.A. is a Chilean grocery store chain. D&S was formed in 1962 and is based in Santiago.

Buy $2.7B

Seller(S) 1

SELLER

Sonae SGPS S.A

Edifício, Portugal
Category Company
Founded 1959
Sector Retail
Employees43,270
Revenue 5.7B EUR (2011)
DESCRIPTION

Sonae SGPS, S.A is a largest retail company.

DEAL STATS #
Overall 1 of 1
Sector (Retail) 1 of 1
Type (Divestiture) 1 of 1
Country (Brazil) 1 of 1
Year (2005) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-10 Makenotes

Maia, Portugal

Makenotes is a stationery and gifts brand featuring a strong design and a reduced time to market.

Buy -
Mergr

Product

Company

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