Mercadona negotiates the sale of 30 supermarkets to the MDSR fund

Mercadona negotiates the sale of 30 supermarkets to the MDSR fund

The company chaired by Juan Roig is in negotiations to transfer up to 30 locations to the Israeli fund MDSR Investments, according to Bloomberg and confirmed by the company. An operation similar to the one closed last September, when 27 stores were sold to the US investment firm LCN Capital.

For this operation, Mercadona received 180 million euros, as confirmed by the company itself, after a process commissioned from the CBRE consultancy. The supermarkets that Mercadona has been selling since it announced its intention to get rid of the ownership of part of its network have continued to be operated by the company under the formula of sale and leaseback, that is, on a rental basis once the transfer is closed.

This would not be the first operation that MDSR Investments has closed in the Spanish market. In 2019, it acquired the ownership of 21 Eroski supermarkets from Patrizia. Before, in 2017, it invested another 150 million in the acquisition of a portfolio of hypermarkets of Eroski itself and Carrefour.

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