MEXICO (Notifix).- Office Depot de Mexico, will be fully owned by Grupo Gigante of Mexico. The Joint venture between Office Depot Inc. of the U.S. and Grupo Gigante, each with 50% equity, opened its doors in March 1995.
Sodimac arrives in Brazil, acquires 50.1% of DICICO for US$ 188 million
BRAZIL (Notifix.) – Sodimac, part of Chile’s Falabella Group, enters the Brazilian home improvement market with the acquisition of a 50.1% Marinvest Gestao de Participaciones Limitada, controller of Construdecor S.A.
Sales of Maestro up 19% Due to Dynamic Construction Sector
PERU (AméricaRetail).- Peruvian Home Improvement chain, Maestro, reached sales of S/ 341.9 million (USD130 million) in the 1Q-2013, an increase of 19.6% in comparison to same period 2012. This result is due to the company’s commercial strategy and the continuous improvement observed in the economy´s domestic demand and construction sector.
EASY opens its first store in Medellin
COLOMBIA (Notifix). – The chain of home improvement stores EASY, part of the Chilean Cencosud Group, opened its fifth store in Colombia.