Jerónimo Martins

Jerónimo Martins SGPS, SA (JM) is a Portuguese corporate group that operates in food distribution and specialised retail. It operates more than 6,100 stores in Portugal, Poland, Slovakia and Colombia.[1]

The group is the majority owner of Jerónimo Martins Retail (JMR), which operates the Pingo Doce super- and hypermarket chain in Portugal. JMR has been run as a 51%-49% joint venture with the Dutch firm Ahold Delhaize since 1982.[2]

Jerónimo Martins is listed on Euronext Lisbon, under the code JMT, and is part of the PSI-20 index.

Operations

In Portugal, Jerónimo Martins operates the Pingo Doce chain of super- and hypermarkets as well as the Recheio chain of cash-and-carry stores.

The Group also operates in the specialized retail sector in Portugal. Jerónimo Martins owns the Jeronymo coffee shops and the Hussel chocolate and confectionery stores.[3]

Until 2016, Jerónimo Martins had industrial facilities focused on the production of several Unilever brands. This was carried out through the joint venture company Unilever Jerónimo Martins, which was 45% owned by JM and 55% owned by Unilever.[4]

Jerónimo Martins also owns Biedronka, the largest chain of discount stores in Poland. Also in Poland, the Group operates the health and beauty and cosmetic chain Hebe.[3]

In 2013, Jerónimo Martins Group started its operations in Colombia with the opening of the first Ara stores as well as its first distribution centre.[5]

Former operations

It once owned Lillywhites, a British company focused on sports goods (sold in 2002 to Sports World International);[6] a stake in Eurocash, a cash-and-carry in Poland;[7] and Supermercados Sé, a supermarket chain in Brazil (sold to Grupo Pão de Açúcar in 2002).[8]

Key figures

See also

• Pingo Doce
• Recheio
• Biedronka

External links