Sonae

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 [...]

Nordic pet store group Musti, which is owned by Portugal’s Sonae, has reached an agreement with Sonae MC to merge with the Portuguese pet care and products company ZU. Two years ago, after a [...]

The Portuguese shopping centres specialist Sonae Sierra is to advance with the refurbishment and expansion of GaiaShopping which it inaugurated 30 years ago. The works are likely to start shortly [...]

GaiaShopping, a Sonae Sierra shopping centre which was opened in 1995, is to undergo a €16 million refurbishment over the next year. “More than just a refurbishment, GaiaShopping is currently [...]

Portugal’s Sonae’s venture capital arm Bright Pixel has co-led an investment round of €6.9 million in the US startup Brij that has developed an AI powered platform to help brands and companies to [...]

Sonae’s Bright Pixel Capital, which has made around 60 investments in start-ups to date, has participated in a US$7.2 million investment round in the US technology start-up FlowFuse – a [...]

The CEO of Portuguese company Sonae, Cláudia Azevedo, says that it is time to “stop demonising” company profits and warns that Portugal will only be able to compete internationally with strong [...]

Portugal’s Sonae Capital Industrials has changed its name to Prismore Capital and has acquired two Spanish companies – Madrid-based Waste Plastic Iberia (WPI) and 33% of the capital of the [...]

Portugal’s Sonae, through its venture capital arm Bright Pixel, has increased its investment in the French cybersecurity startup Sekoia, co-investing €26 million. “As partners of Sekoia.io since [...]

SC Investments, which is held by Efanor, a holding of the Belmiro de Azevedo family (Sonae Group), has made an agreement to sell its assets in Troia to ACO Cedar, a company owned by the British [...]