Go to deals
Consumer & Retail

SMU has been sold in an Initial Public Offering

The private shareholders SMU have sold the company in an IPO.

SMU is a leading company in the Chilean food retail industry with a 21.4% of market share as of June 2016. The company started its activities in 2007 with the purchase of the supermarket chain Unimarc. Between 2007 and 2012, SMU integrated more than 60 supermarket chains throughout Chile, increasing its stores from 62 to 562. From 2013, SMU implemented a new strategy, focusing its efforts on profitability. Between 2013 and 2016, EBITDA margins increased from -1.1% to 5.5%. The significant performance improvement is the result of the company's profitability strategy.

Oaklins' team in Chile acted as a joint bookrunner in this transaction.

Parties

Talk to the deal team

 Raimundo  Silva

Raimundo Silva

Partner
Santiago, Chile
Oaklins LarrainVial
 Felipe  Porzio

Felipe Porzio

Managing Partner
Santiago, Chile
Oaklins LarrainVial

Related deals

NTL has acquired Kitro
Consumer & Retail

NTL has acquired Kitro

NTL (Narodni trgovacki lanac) has acquired Kitro.

Learn more
Eterna has acquired Mercadeo Sin Límites
Automotive | Consumer & Retail

Eterna has acquired Mercadeo Sin Límites

Eterna has acquired Mercadeo Sin Límites SAS to broaden its air fresheners and automotive care product portfolio.

Learn more
Equity United invests in SeaBird Designs, a leading kayak and motorboat brand
Private Equity | Consumer & Retail

Equity United invests in SeaBird Designs, a leading kayak and motorboat brand

Equity United, a private equity fund in the Baltics investing in SME companies in the growth stage, has invested in SeaBird Designs, a renowned manufacturer of kayaks and motorboats. In a strategic move to bolster SeaBird Designs’ growth, Equity United has acquired a 25% stake in the company and has additionally extended a loan to further propel the business’ development.

Learn more