Sonae MC Valuation, Funding & Investors

Sonae MC is valued at $4.8B as of August 2021.

Last Sonae MC valuation

$4.8B

Undisclosed stage · Aug 2021

Last Sonae MC funding round

Undisclosed stage

Amount undisclosed · Aug 2021

Key investors in Sonae MC

Sonae MC Overview

About Sonae MC

Sonae MC is a Portuguese food retailer and the grocery arm of Sonae SGPS. It trades through almost 1,000 company-operated stores under a multi-banner portfolio, of which the Continente supermarket chain is the best known, and sells online as well as in store. Turnover in the twelve months to mid-2021 was EUR 5.2 billion with underlying EBITDA of EUR 527 million.


HQ

PortugalMatosinhos

Status

Privately held

Customer focus

B2C

Revenue model

Product sales

Valuation

$4.8B (Aug 2021)

Sonae MC Valuation

Sonae MC is currently valued at $4.8B, based on its undisclosed-stage round in August 2021. Read the announcement ↗

The round was led by CVC Capital Partners.

Sonae MC valuation by funding round

Sonae MC valuation by funding round
DateStageValuation
Aug 2021Undisclosed stage$4.8B

Sonae MC Funding History

Sonae MC has raised 1 funding round.

Sonae MC funding rounds
DateStageInvestorsValuationDeal Summary
Aug 2021Undisclosed stageCVC Capital Partners (lead)$4.8BSonae agreed to sell a 24.99% minority stake in its Portuguese food retail arm Sonae MC to CVC Strategic Opportunities II for EUR 528 million in upfront cash, plus a contingent deferred payment of up to about EUR 63 million. Sonae retained a controlling position and the two sides framed the deal as a long-term partnership supporting Sonae MC's growth plan. Including the contingent payment, the transaction implies an equity value for 100% of Sonae MC of up to about EUR 2.4 billion and an enterprise value of up to EUR 4 billion, or 7.7x enterprise value to last-twelve-month EBITDA. Sonae MC operated almost 1,000 stores and generated EUR 5.2 billion of turnover and EUR 527 million of underlying EBITDA in the twelve months to the announcement. Completion was expected in August 2021 and was not subject to conditions precedent.

Who has invested in Sonae MC?

1 investor has backed Sonae MC across its funding rounds, including CVC Capital Partners.

Lead investors include CVC Capital Partners.


Sonae MC Investors

Investors in Sonae MC by funding rounds participated
InvestorHQRoundsRoleFirst check

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Sonae MC Competitors

Sonae MC competitors include listed companies like Grupo Chedraui, DFI Retail Group, Kobe Bussan and Colruyt Group, and private ones like Yipin Fresh and VinCommerce.

Public and private companies comparable to Sonae MC
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Grupo ChedrauiMexicoMexicoPublicly listed$17B$1.3B$4.8B0.5x
DFI Retail GroupHong KongHong KongPublicly listed$8.9B$1.3B$4.6B0.8x
Kobe BussanJapanJapanPublicly listed$3.5B$336M$4.5B1.0x
Colruyt GroupBelgiumBelgiumPublicly listed$12B$988M$5.2B0.4x
Yipin FreshChinaNananPrivate--$3B-
VinCommerceVietnamHanoiPrivate--$2.5B-

Sonae MC Public Comps

Sonae MC is still privately-owned, but its public comps include Grupo Chedraui, DFI Retail Group, Kobe Bussan, Colruyt Group, Yonghui Superstores, Axfood, Sheng Siong, Albertsons Companies, BBB Foods and Shufersal.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Grupo Chedraui$17B$1.3B0.5x0.5x6.0x5.4x
DFI Retail Group$8.9B$1.3B0.8x0.8x5.3x5.8x
Kobe Bussan$3.5B$336M1.1x1.0x11.2x12.1x
Colruyt Group$12B$988M0.4x0.4x5.5x5.3x
Yonghui Superstores$8B($53M)0.7x0.7x(102.3x)53.2x
Axfood$9.1B$776M0.8x0.8x9.3x8.8x
Sheng Siong$1.2B$188M2.9x2.7x19.3x19.1x
Albertsons Companies$83B$3.4B0.3x0.3x6.3x5.8x

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Common questions about Sonae MC

Where is Sonae MC headquartered?Sonae MC is headquartered in Matosinhos, Portugal.
Is Sonae MC publicly listed?No, Sonae MC is a private, VC-backed company.
What is Sonae MC's valuation?Sonae MC was last valued at $4.8B in its undisclosed-stage round in August 2021.
What was Sonae MC's last funding round?Sonae MC's last funding round was a undisclosed-stage round in August 2021, led by CVC Capital Partners.
Who are Sonae MC's investors?Sonae MC's investors include CVC Capital Partners.
Which companies are comparable to Sonae MC?Companies comparable to Sonae MC include Grupo Chedraui, DFI Retail Group, Kobe Bussan, Colruyt Group, Yipin Fresh and VinCommerce.

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