December 11, 2016 6:55 AM ET

Food and Staples Retailing

Company Overview of Modelo Continente Hipermercados, S.A.

Company Overview

Modelo Continente Hipermercados, S.A. engages in operating food retail stores in Portugal. The company’s portfolio includes continent hypermarkets, mini-hypermarkets, and supermarkets. It also engages in non food retail, including sports clothing and equipment, white goods and consumer electronics, computers, apparel, building construction materials, baby and kids clothing, pharmacies, and travel agencies. The company was founded in 1985 and is based in Matosinhos, Portugal. Modelo Continente Hipermercados, S.A operates as a subsidiary of Sonae Investimentos SGPS, SA.

Rua Joao Mendonca, 529

Senhora da Hora

Matosinhos,  4460-501

Portugal

Founded in 1985

Phone:

351 22 956 1900

Fax:

351 22 956 1958

Key Executives for Modelo Continente Hipermercados, S.A.

Chief Executive Officer
Financial Manager
Compensation as of Fiscal Year 2016.

Modelo Continente Hipermercados, S.A. Key Developments

Hilton Food Group plc Signs an Agreement with Modelo Continente Hipermercados S.A. to Enter a Period of Co-Operation for the Supply of Retail Packaged Fresh mMeat into Sonae Stores in Portugal

Hilton Food Group plc announced that it has signed an agreement with Modelo Continente Hipermercados S.A. to enter a period of co-operation for the supply of retail packaged fresh meat into Sonae stores in Portugal. It is expected that this Agreement will lead to the formation of a joint venture with Sonae in due course. Under the terms of the Agreement, Hilton will cooperate with Sonae for an initial period of 6 - 9 months to improve the production facilities located in Portugal. Products supplied from the facility will include a wide range of packaged meat. It is expected that after the initial period of co-operation, Hilton and Sonae will form a joint venture to implement this partnership.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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