Chilean retail group Cencosud acquires Makro Colombia

Chilean retail radical Cencosud has agreed to get the entirety of Makro Supermayorista successful Colombia for an estimated $158m (145.75bn pesos), adding a wholesale concern to its existing in-country presence.

The woody volition beryllium executed done Cencosud's subsidiary Cencosud Internacional and financed wholly from interior resources.

It remains taxable to modular closing conditions including regulatory clearance from Colombia's Superintendence of Industry and Commerce.

Cencosud said the Colombian summation is expected to output operational, logistical and commercialized synergies.

Makro has operated successful Colombia for much than 25 years and runs 21 stores crossed 16 cities, covering large municipality centres including Bogotá, Medellín, Cali and Barranquilla.

The concern operates nether the currency and transportation format, serving nonrecreational buyers and entrepreneurs.

The acquisition comes aft Cencosud acquired Makro's Argentine operations successful 2025 and builds connected its absorption of the Giga wholesale format successful Brazil, reinforcing the group's broader propulsion to turn its currency and transportation beingness crossed Latin America.

Cencosud Colombia state manager Ramiro Ortiz said: "Makro's acquisition represents an accidental to fortify our operations successful Colombia and grow our offering for customers seeking wholesale solutions, with a absorption connected service, assortment and competitiveness."

Earlier this year, Cencosud acceptable retired plans to put $600m successful superior during 2026 to grow its retail operations.

That program includes opening 20 stores crossed antithetic formats, adding much than 42,000m² of income area, including 17 supermarkets.

In the archetypal 4th of 2026, Cencosud recorded revenues of 4.04tn pesos, up 0.2% year-on-year.

The humble emergence was chiefly driven by overseas speech effects that weighed connected Chilean peso-denominated income from its Argentine unit.

Net income came successful astatine 102.14bn pesos, a 19.2% diminution from the prior-year period, attributed to currency movements and accrued deferred taxes related to Argentina's hyperinflation accounting adjustment.

"Chilean retail radical Cencosud acquires Makro Colombia" was primitively created and published by Retail Insight Network, a GlobalData owned brand.