Walmart de México announces the purchase of stores in Costa Rica



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The retailer agrees with Grupo Empresarial de Supermercados the purchase of 52 stores of the chains Perimercados, Supercompro and Saretto; does not give details about the amount of investment.

CITY OF MEXICO (Expansion) –

Walmart de México has agreed with Grupo Empresarial de Supermercados (GESSA) to acquire 52 stores of Perimercados, Supercompro and Saretto chains in Costa Rica.

The shutdown of the operation, the amount of which has not been released, is subject to approval by the relevant authorities, said Thursday the main retailer in Mexico in a statement.

With the agreement, Walmart will add 39,000 square meters The sales floor to his wallet

Read: Walmart and Microsoft join forces to compete with Amazon .

"The 52 stores acquired have excellent locations and complement our current presence.The number of stores acquired is similar to the total number of stores we opened last year in the region," said Executive vice president and general manager of Walmart Centroamérica, Cristian Barrientos.

Lee: The gaaaas … It will also sell at Walmart de México .

Walmart shares in Mexico City on the Mexican Stock Exchange closed Thursday with a gain of 0.12% and were sold at 55.03 pesos.

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