Valeo acts as exclusive financial advisor to Delimart on its sale to Gessa Supermercados.
Valeo is delighted to announce the successful completion of another deal. This is a testament to our commitment to delivering unparalleled investment banking services and value-add to our clients.
Announcing the completion of the sale of 100% of Delimart to Gessa Supermercados marks another milestone in the development of our firm, demonstrating how Valeo’s team of M&A experts deliver tangible and valuable results for our clients. The deal is another example of Valeo’s competitive sellside deal execution capabilities in the Latin American region.
Delimart is a prominent chain of 24/7 convenience stores made up of 15 outlets located in San José, Alajuela and Cartago, Costa Rica.
Grupo Gessa, the buyer, has in recent years become one of the most important supermarket chains in Costa Rica spread across five brands and concepts, such as Peri, Súper Compro, Saretto, Saretto Selecto and Súper Víquez, as well as Pharmacy Market and Pizza Sbarro.
The deal was scrutinized and approved in December 2023 by the Costa Rica competition authority (Coprocom). We congratulate our client, the shareholders of Delimart, on their successful exit of the company that they established over a decade ago.
Link to press release: https://files.fm/f/qphgdhkqcs
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