At 31 December 2023
GRUPO PAÕ DE AÇÚCAR
GPA is a major player in food retail in Brazil, with the premium supermarket banner Pão de Açúcar. GPA also owns the Minuto Pão de Açúcar and Compre Bem convenience stores, as well as the Mercado Extra regional banner.
On 10 December 2023, GPA initiated preliminary work efforts
towards a potential primary equity offering as part of its plan
to optimise its capital structure.
Following this offering, Casino’s stake in GPA would be dilut.
MINUTO PAÕ DE AÇÚCAR
As the convenience format of the upscale benchmark Pão de Açúcar, Minuto stores offer excellent customer service, sustainable consumption options, tailored product ranges and a stylish atmosphere to meet the highest international standards.
COMPRE BEM
Seeking to better meet consumer needs, Compre Bem is a supermarket model rolled out in Brazil with a regional focusit. It combines a comprehensive offering, top-quality local fresh produce and delicatessen services, as well as digitalisation with express home delivery.
MERCADO EXTRA
Designed as convenience supermarkets, Mercado Extra storese meet the needs of customers on the lookout for simplicity, fresh produce and low prices. Already present in six Brazilian states, the banner is accelerating its development and has introduced a food e-commerce offer
in half of its outlets.
MINI EXTRA
The small Mini Extra stores, developed by GPA in major Brazilian cities, offer a range of products and services at highly competitive prices. Widely present in São Paulo and Recife, they effectively meet the needs of urban shoppers looking for convenience and simplicity.