Portugal
Jerónimo Martins, founded in 1792, is one of the oldest and most established players in the global retail landscape, operating within the food distribution and specialized retail sectors. Based in Portugal with a broad international presence across 6 countries and over 6,000 stores, the Group boasts a robust portfolio, addressing the daily needs of millions with a focus on affordable quality in food products.
The Group's dominant branch, Biedronka, leads the Polish market and is expanding into Slovakia. The Hebe beauty chain enhances their product diversity in Poland, Czechia, and Slovakia. In Portugal, Pingo Doce and Recheio dominate the supermarket and cash & carry sectors, respectively. Their Ara stores in Colombia recently celebrated a decade of operation.
Strategically, Jerónimo Martins ventured into agribusiness in 2014 to ensure supply and market differentiation, covering sectors such as dairy, beef, aquaculture, and fruits and vegetables. These initiatives indicate strong growth potential and diversification, appealing attributes for investors keen on resilient, adaptable market leaders.
