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Grupo Comercial Chedraui Announces The Acquisition Of Tiendas De Descuento Arteli, S. A. De C.V.

Dec 14, 2022over 2 years ago

Acquiring Company

Grupo Comercial Chedraui

Acquired Company

Arteli

Food And BeverageEvents

Description

Grupo Comercial Chedraui, S.A.B. de C.V. ("Chedraui") (BMV: CHDRAUIB) announces that today it completed the acquisition of Tiendas de Descuento Arteli, S. A. de C. V. ("Arteli") store chain.

Company Information

Company

Grupo Comercial Chedraui

About

Chedraui is a publicly owned company created under the name Grupo Comercial Chedraui, S.A.B. de C.V., that operates hypermarkets and supermarkets in Mexico and the United States. Grupo Comercial Chedraui, S.A.B. de C.V. trades in the Mexican Stock Exchange under the ticker "CHDRAUIB". For additional information on Chedraui, please visit www.grupochedraui.com.mx.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed