Monday, December 5, 2016

Sonae plans to have six supermarkets Go Natural until 2017 – Jornal de Negócios – Portugal

The Sonae MC, a company of the Sonae group, which manages the food retail, the show opens this Tuesday, 6 December, the first grocery store Go Natural. The first unit, located in Lisbon, 350 square meters (including the restoration area), and created 18 jobs.

Working on this concept for almost a year,” he explained on Monday, December 5, Inês Valadas, director of Sonae MC, the distribution company made a deal with Go Well (of the brothers Joana and Diogo Martorell), owner of the brand Go Natural, to a “licensing agreement” for the business area of supermarkets.

The expansion of the partnership for food retail specialized in offering organic now passes for “at least five shops” in Portugal in 2017, said this Monday Inês Valadas at a press conference. The “cities priority” are Lisbon and Porto, and the street to the preferred location. The value of the investment already made in the first store and planned for the next five was not revealed by Sonae, led by Paulo Azevedo Ângelo Paupério.

as a reminder, this Friday, 2 December, Sonae announced in the SECURITIES market have held a purchase agreement of 51% of the Go Well, passing – once we have obtained the required decisions from the Competition – the brothers Joana and Diogo Martorell holds 49% of the share capital of the company created 12 years ago.

The Sonae MC, both on the day of disclosure of the agreement, as of Monday, has not revealed the value agreed for the acquisition of the 51% on the Go as Well. This company maintains, in parallel, the expansion of the restoration areas Go Natural, that will amount to 23 units, in Portugal, until the end of this year.

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