- Companies
- Sonae MC
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
Website
Status
Privately held
Customer focus
B2C
Revenue model
Product sales
Valuation
$4.8B (Aug 2021)
Sectors
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
| Date | Stage | Valuation |
|---|---|---|
| Aug 2021 | Undisclosed stage | $4.8B |
Sonae MC Funding History
Sonae MC has raised 1 funding round.
| Date | Stage | Investors | Valuation | Deal Summary |
|---|---|---|---|---|
| Aug 2021 | Undisclosed stage | CVC Capital Partners (lead) | $4.8B | Sonae 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
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
This data is available for Pro users. Sign up to see all 1 Sonae MC investors. Start Free Trial | ||||
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Start Free TrialSonae 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.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $17B | $1.3B | $4.8B | 0.5x | ||
| Publicly listed | $8.9B | $1.3B | $4.6B | 0.8x | ||
| Publicly listed | $3.5B | $336M | $4.5B | 1.0x | ||
| Publicly listed | $12B | $988M | $5.2B | 0.4x | ||
| Private | - | - | $3B | - | ||
| Private | - | - | $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 FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $17B | $1.3B | 0.5x | 0.5x | 6.0x | 5.4x | |||
| $8.9B | $1.3B | 0.8x | 0.8x | 5.3x | 5.8x | |||
| $3.5B | $336M | 1.1x | 1.0x | 11.2x | 12.1x | |||
| $12B | $988M | 0.4x | 0.4x | 5.5x | 5.3x | |||
| $8B | ($53M) | 0.7x | 0.7x | (102.3x) | 53.2x | |||
| $9.1B | $776M | 0.8x | 0.8x | 9.3x | 8.8x | |||
| $1.2B | $188M | 2.9x | 2.7x | 19.3x | 19.1x | |||
| $83B | $3.4B | 0.3x | 0.3x | 6.3x | 5.8x | |||
This data is available for Pro users. Sign up to see all Sonae MC competitors and their valuation data. Start Free Trial | ||||||||
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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