Francisco de Narváez has taken an important step towards his goal of remaining at Carrefour Argentina. The owner of Changomas, the businessman who heads the GDN group, is finalizing the sale of the Uruguayan supermarket chain Ta Ta in partnership with the Paraguayan group Vielsi. holding company It controls Paraguay’s media, supermarkets and telecommunications companies. With over 80 stores, Ta-Ta is one of the leading players in Uruguay’s retail industry. The operation will net Mr. de Narváez between $150 million and $200 million, which he can use to buy Carrefour Argentina.
“Negotiations with the Paraguayan side have been going on for more than a year and now overlap with de Narváez’s need for funds to make an offer to Carrefour,” he explained. nation Sources of information close to surgery.
Vielsi is one of the key players Collection items Paraguay’s economic sector based in six countries. Domestically, it manages the Superseis and Stock supermarket chains, and already operates in Uruguay through brand licensing. fast food subway.
The sale of a Uruguayan supermarket is not the only source of funds de Narváez has sued. Remains number 1 on GDN for the past few weeks A series of meetings were held with major local banks, including Macro Bank and Nation, in an effort to close some financing lines.
Moreover, in the real estate sector, it is well known that IRSA, the real estate group led by Eduard Elstein, has already approached all the candidates in the race to take over Carrefour (GDN, Koto, Clough Realty Investment Fund) with an offer to eventually collaborate in real estate development on a part of the land where Carrefour supermarkets currently operate. This operation does not mean the closure of the store, but rather its eventual relocation, similar to the store that GDN and IRSA actually closed at the time in their Alto Avellaneda facility.
De Narváez has another key card in his hands to keep Carrefour Argentina in business. The businessman has already incorporated into the L. Catterton business.is the world’s largest private investment fund in consumer goods and clothing companies and is participating as a partner in this offering. Catterton’s main shareholders include the French group LVMH, with Bernard Arnault himself (number one in the group) listed as a private investor. De Narváez and Catterton are already partners in clothing brands Caro Cuore and Rapsodia.
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