Food distribution

Mercadona Portugal has almost doubled its profits with sales exceeding €2Bn, profits of €26 million, and plans to open 12 new stores. It was the second year running that the Portuguese subsidiary [...]

MC Sonae, a leader in the food retail sector in Portugal through its Continente hypermarkets and Wells pharmacy stores, is planning a €142 million growth acceleration investment with a strong [...]

The agro-foodstuffs arm of Portuguese grocery giant Jerónimo Martins led by Pedro Soares dos Santos has again headed out with a shopping list – this time snapping up the Luís Vicente Group. [...]

The Austrian banking group Erste is recommending the purchase of Jerónimo Martins shares, predicting they will gain in value by 15% to €25.10. This week Jerónimo Martins shares rose 0.92% to [...]

The CEO of one of Portugal ’s largest food distribution companies, Pedro Soares dos Santos of Jerónimo Martins, has called the snap elections in Portugal scheduled for May 18 as “sad” and called [...]

Text: Chris Graeme Image: Jesper Andersen There was something decidedly fishy going on in the small seaside town of Peniche which to most overseas visitors is associated with international [...]

Portuguese supermarkets giant Jerónimo Martins has expanded its Biedronka brand to Slovakia with plans to open 50 stores by 2026. The first Biedronka has already opened close to the capital [...]

The Super Bock Group, a beverages company owned by entrepreneur Rui Lopes Ferrera, is to invest €200 million over the next five years from a €300 million 10-year investment plan, one-third of [...]

Jerónimo Martins, the owner of the Portuguese supermarket chain Pingo Doce, saw sales grow 9.3% last year to €33.5 million said the group on Tuesday in a note sent to the stock market regulator [...]

The holding company of Portuguese food distributor and retailer Jerónimo Martins, which holds the supermarket chain Pingo Doce in Portugal, is to move from Lisbon to Amsterdam. The Sociedade [...]