Chile’s largest grocery retailer Cencosud has agreed to acquire Brazilian operator Supermercados Bretas, in a deal worth BRL1.35bn (US$808m).

The deal will mean that Cencosud will acquire 62 supermarkets, three distribution centres and 10 service stations.

Go deeper with GlobalData

Go deeper with GlobalData

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

According to a filing with the Chilean Securities Regulator, Bretas may see sales rise to BRL2.5bn in 2010 from BRL2.1bn in 2009.

“With this strategic acquisition Cencosud enters the states of Minas Gerais and Goias, consolidating its position in Brazilian supermarkets,” the statement said.

Just Food Excellence Awards - Nominations Closed

Nominations are now closed for the Just Food Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
Winning five categories in the 2025 Just Food Excellence Awards, Centric Software is setting the pace for digital transformation in food and FMCG. Explore how its integrated PLM and PXM suite delivers faster launches, smarter compliance and data-driven growth for complex, multi-channel product portfolios.

Discover the Impact