Beleaguered Dutch retailer Royal Ahold will finalise the sale of its Chilean subsidiary Santa Isabel next week.

Go deeper with GlobalData

Data Insights

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

Santa Isabel’s new owner is Paulmann, the Chilean group that already operates the Jumbo supermarket chain. The deal is valued at approximately US$150m and involves both Santa Isabel’s assets (76 outlets in Chile) and acquisition of its debt.

Jumbo will thereby double the size of its market share in Chile from 9.63% to 19% and become Chile’s second-largest supermarket group behind D&S, still way ahead with a market share of 30.38%, reports SABI.

Just Food Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Food Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving food industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now