A group of Chilean investors have acquired Construmart
A group of Chilean investors have acquired Construmart S.A. (CTM), a construction and home improvement materials company from SMU, S.A. for a total consideration of US$80 million.
Construmart was founded in 1997 after the merger of the hardware stores Chicharro, Comercial Corbella and Comercial Eguiguren. In 2016, CMT had 4% market share of the home improvement industry. SMU acquired the company in 2011.
SMU operates a chain of supermarkets in Chile, under the UNIMARC, MAYORISTA 10, ALVI, OK MARKET, and TELEMERCADOS brands. The company is based in Las Condes, Chile.
Oaklins' team in Chile structured and carried out the acquisition process on behalf of the buyer.
Contáctese con el equipo de la transacción
Transacciones relacionadas
Varsteel, Ltd. has acquired Pacific Steel, Inc.
Pacific Steel, Inc. has been acquired by Varsteel, Ltd.
Aprenda másApotheka acquires two pharmacy outlets from Panpharmacy
In a strategic move that signifies the ongoing consolidation and growth within the Latvian pharmaceutical retail sector, Panpharmacy, the parent company of the leading online pharmacy InternetAptieka.lv, has successfully completed the sale of two of its brick-and-mortar pharmacies to Apotheka. These pharmacies, both situated in the capital city of Riga, will continue to serve customers under the Apotheka brand, marking a seamless transition in ownership and operations.
Aprenda másSibelco has received strategic advisory related to the exit of a minority shareholder
SCR Sibelco has received strategic advisory related to the exit of a minority shareholder. Different options were considered. On 8 December 2023, Sibelco announced its intention to launch a share buyback program, via a tender offer, to acquire up to 18.94% of outstanding shares for a price of €6,850 per share and a total deal consideration of €609 million. The program offered liquidity optionality to the exiting shareholder, as well as other minority shareholders looking forward to crystallizing some value. Sibelco is delighted to pursue with its ambitious mid-term growth plan thanks to a refocused shareholder register and the support of the founding families. Further information on the transaction can be found in the prospectus of the tender offer.
Aprenda más