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October 10, 2015 1:56 AM ET

Food and Staples Retailing

Company Overview of SMU S.A.

Company Overview

SMU S.A. operates various supermarkets in Chile. The company operates supermarkets under the Unimarc, OK Market, and Telemercados names. It is also involved in the wholesale activities through its 130 stores in various districts of Chile. The company is based in Las Condes, Chile.

Cerro El Plomo 5680

piso 11

Las Condes,  



56 22 818 8000

Key Executives for SMU S.A.

General Manager
Corporate Manager of Administration and Finance
Corporate Manager of Operations
Corporate Manager of Development and Investments
Corporate Manager of Human Capital
Compensation as of Fiscal Year 2015.

SMU S.A. Key Developments

SMU To Sell 21 Mayorsa Supermarkets

SMU S.A. has confirmed plans to sell its 21 Mayorsa supermarkets in Peru within the next few months. SMU explained that the offers received so far for the acquisition of these establishments were not enough to pay back existing loans. The company has now reached an agreement with banks to delay the due date of these loans until June 30, 2020. This expanded period will enable SMU to find better deals for its Mayorsa chain in Peru, which includes seven Mayorsa supermarkets, 13 Maxi Ahorro establishments and one Maxibodega store.

SMU Seeks Financing

SMU S.A. is planning to raise funds. Billionaire Alvaro Saieh has been looking to raise cash for the firm as an accounting error led SMU to breach debt covenants earlier in 2013.

Similar Private Companies By Industry

Company Name Region
Grain Red S.A. Americas
SMU S.A. Americas
SCF Chile S.A. Americas
Kraft Foods Chile S.A. Americas
Supermercados Muñoz Hermanos Ltda. Americas

Recent Private Companies Transactions

February 26, 2015
January 29, 2015
December 26, 2014

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