On the Record · Brazilian Distribution Co Companhia Brasileira de Distr CBD
Brazilian Distribution Co Companhia Brasileira de Distr CBD acquisitions, on the record
The businesses Brazilian Distribution Co Companhia Brasileira de Distr CBD bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Grupo ÉxitoWord for word“On November 27, 2019, Sendas acquired 96.57% of Grupo Éxito’s shares by means of an all-cash tender offer.” 20-F for 2021 | acquisition | November 27, 2019 | — |
ViaWord for word“On June 14, 2019, we consummated the sale of all equity interest we held in Via.” 20-F for 2021 | divestiture | June 14, 2019 | — |
Extra Hiper storesWord for word“On October 14, 2021 and December 16, 2021, the directors of CBD and Sendas at meetings of the board of directors of both companies approved the conversion of 70 Extra Hiper stores operated by us and located in several states of Brazil into cash and carry stores to be operated by Sendas, or the Real Estate Properties Assignment Transaction.” 20-F for 2021 | agreed divestiture | October 14, 2021 and December 16, 2021 | — |
CheftimeWord for word“In November 2019, we acquired 79.6% of the equity interest in Cheftime , a company that prepares and offers ready-to-eat meal kits, semi-cooked meal kits, and cook-it-yourself meal kits, enabling anyone to prepare their own food and inspiring our consumers to take up cooking as a hobby.” 20-F for 2021 | acquisition | November 2019 | — |
JamesWord for word“In 2018, as part of our digital transformation strategy, we acquired the delivery app James , which is a multiservice platform for ordering and delivering our products, connecting customers, deliverers and establishments.” 20-F for 2021 | acquisition | 2018 | — |
Sendas Distribuidora S.A.Word for word“From 2007 to 2009, we acquired a 100% ownership interest in Sendas Distribuidora S.A., which operated cash and carry stores under the Assaí banner.” 20-F for 2021 | acquisition | From 2007 to 2009 | — |
Globex (later Via)Word for word“In 2009, we acquired a 98.8% of ownership interest in Globex (which later changed its corporate name to Via), a company which operated in the home appliances sector under the brand name Ponto Frio .” 20-F for 2021 | acquisition | 2009 | — |
Extra Hiper hypermarket businessWord for word“In accordance with IFRS 5, we report the net result of the sale of our hypermarket business as of and for the year ended December 31, 2022, after taxes, in one single line item in the statement of income and the balances of assets and liabilities of our hypermarket business are presented as held for sale and discontinued operations, or the Extra Hiper Discontinued Operations.” 20-F for 2022 | divestiture | as of and for the year ended December 31, 2022 | — |
Cheftime (remaining equity stake held by minority shareholders)Word for word“In August 2022, we acquired the remaining equity stake previously held by minority shareholders in our subsidiary Cheftime , which is focused on ready-to-eat meals.” 20-F for 2022 | acquisition | In August 2022 | — |
Globex (later renamed Via)Word for word“In 2009, we acquired a 98.8% of ownership interest in Globex (which later changed its corporate name to Via), a company which operated in the home appliances sector under the brand name Ponto Frio.” 20-F for 2022 | acquisition | In 2009 | — |
Casa Bahia Comercial Ltda. home appliances and e-commerce segments under ViaWord for word“In 2010, through an association with members of the Klein family who represented the partners of Casa Bahia Comercial Ltda., or Casa Bahia Comercial, a Brazilian home appliances retailer which operated under the brand name Casas Bahia, we and the partners of Casa Bahia Comercial merged our respective businesses in the home appliances and e-commerce segments under Via, controlled by us.” 20-F for 2022 | merger | In 2010 | — |
Grupo Éxito operations in Colombia, Argentina and Uruguay (segregation)Word for word“In February 2023, our shareholders approved the segregation of Grupo Éxito’s operations in Colombia, Argentina and Uruguay, from our business.” 20-F for 2022 | divestiture | In February 2023 | — |
James delivery appWord for word“To advance our digital transformation and expand our investment in technology, in 2018, we acquired the delivery app James , a multiservice platform for ordering and delivering our products, connecting customers, deliverers and establishments.” 20-F for 2022 | acquisition | In 2018 | — |
Casas BahiaWord for word“On June 14, 2019, we sold all of our equity interest in Casas Bahia, however, we remain liable for these legal proceedings.” 20-F for 2023 | divestiture | June 14, 2019 | — |
Éxito remaining stake (13.31%)Word for word“On January 23, 2024, after the conclusion of the TO launched by the buyer for the acquisition of Éxito shares, in Colombia and the United States, GPA received the amount of US$156 million (corresponding to R$789 million. Included in this value is the positive effect of R$12 million from the hedge contracted on October 31, 2023) from the sale of GPA's entire remaining stake in Éxito's share capital.” 20-F for 2023 | divestiture | January 23, 2024 | US$156 million |
administrative headquarters in São PauloWord for word“On May 2, 2024, the Company entered into a transaction for the sale of the administrative headquarters, located in São Paulo city, for the price R$218 million, being 82% to receive in 2024 and 18% in installments until Mar/26, comprising: (i) Sale and Leaseback operation represented only by the administrative tower that makes up the property for R$109 million, where the Company's administrative headquarters will remain through a lease agreement for an initial term of 15 years and a cap rate, approximately 9% (ii) execution of the private purchase and sale commitment instrument of the part around the administrative tower in the total value of R$ 109 million.” 20-F for 2023 | agreed divestiture | May 2, 2024 | R$218 million |
Read from Brazilian Distribution Co Companhia Brasileira de Distr CBD’s annual reports (20-F for 2023, 20-F for 2022, 20-F for 2021) and the financial data it files with the SEC, as of 2024-06-28. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.