Jerónimo Martins
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Jerónimo Martins SGPS, SA (JM) is a Portuguese corporate group that operates in
food distribution Food distribution is the process where a general population is supplied with food. The Food and Agriculture Organization (FAO) considers food distribution as a subset of the food system. The process and methodology behind food distribution varies ...
and specialised retail. It operates more than 4,900 stores in
Portugal Portugal, officially the Portuguese Republic ( pt, República Portuguesa, links=yes ), is a country whose mainland is located on the Iberian Peninsula of Southwestern Europe, and whose territory also includes the Atlantic archipelagos of th ...
,
Poland Poland, officially the Republic of Poland, is a country in Central Europe. It is divided into 16 administrative provinces called voivodeships, covering an area of . Poland has a population of over 38 million and is the fifth-most populou ...
, and
Colombia Colombia (, ; ), officially the Republic of Colombia, is a country in South America with insular regions in North America—near Nicaragua's Caribbean coast—as well as in the Pacific Ocean. The Colombian mainland is bordered by the ...
. The group is the majority owner of Jerónimo Martins Retail (JMR), which operates the Pingo Doce super- and
hypermarket A hypermarket (sometimes called a hyperstore, supercentre or superstore) is a big-box store combining a supermarket and a department store. The result is an expansive retail facility carrying a wide range of products under one roof, includin ...
chain in Portugal. JMR has been run as a 51%-49%
joint venture A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and economic risk, risks, and shared governance. Companies typically pursue joint ventures for one of four rea ...
with the Dutch firm
Ahold Delhaize Koninklijke Ahold Delhaize N.V. (in Dutch literally "Royal Ahold Delhaize"), commonly known as Ahold Delhaize, is a Dutch multinational retail and wholesaling company. Its name comes from a merger between Ahold (Dutch) and Delhaize Group (Belgi ...
since 1982. Jerónimo Martins is listed on
Euronext Lisbon Euronext Lisbon is a stock exchange in Lisbon, Portugal. It is part of Euronext pan-European exchange. Euronext Lisbon trades equities, public and private bonds, participation bonds, warrants, corporate warrants, investment trust units, and exc ...
, under the code JMT, and is part of the
PSI-20 The PSI-20 (an acronym of Portuguese Stock Index) is a benchmark stock market index of companies that trade on Euronext Lisbon, the main stock exchange of Portugal. The index tracks the prices of the twenty listings with the largest market cap ...
index.


Operations

In
Portugal Portugal, officially the Portuguese Republic ( pt, República Portuguesa, links=yes ), is a country whose mainland is located on the Iberian Peninsula of Southwestern Europe, and whose territory also includes the Atlantic archipelagos of th ...
, Jerónimo Martins operates the Pingo Doce chain of super- and
hypermarkets A hypermarket (sometimes called a hyperstore, supercentre or superstore) is a big-box store combining a supermarket and a department store. The result is an expansive retail facility carrying a wide range of products under one roof, including ...
as well as the
Recheio Recheio is the biggest cash-and-carry chain of stores operating in Portugal. History The company was born in Figueira da Foz in 1972, with the concept of auto-service for owners of small and medium commercial stores. In 1984, the company opene ...
chain of cash-and-carry stores. The Group also operates in the specialized retail sector in Portugal. Jerónimo Martins owns the Jeronymo coffee shops and the Hussel chocolate and confectionery stores. Until 2016, Jerónimo Martins had industrial facilities focused on the production of several
Unilever Unilever plc is a British multinational consumer goods company with headquarters in London, England. Unilever products include food, condiments, bottled water, baby food, soft drink, ice cream, instant coffee, cleaning agents, energy dri ...
brands A brand is a name, term, design, symbol or any other feature that distinguishes one seller's good or service from those of other sellers. Brands are used in business, marketing, and advertising for recognition and, importantly, to create an ...
. This was carried out through the joint venture company Unilever Jerónimo Martins, which was 45% owned by JM and 55% owned by Unilever. Jerónimo Martins also owns
Biedronka Biedronka is a chain of supermarkets. It is the largest chain of discount shops in Poland with 3,283 stores as of 2022 and 70,000 employees (2022). It is owned by the Portuguese group Jerónimo Martins. The name "Biedronka" means "ladybug", and a ...
, the largest chain of no-frills supermarkets in
Poland Poland, officially the Republic of Poland, is a country in Central Europe. It is divided into 16 administrative provinces called voivodeships, covering an area of . Poland has a population of over 38 million and is the fifth-most populou ...
. Also in
Poland Poland, officially the Republic of Poland, is a country in Central Europe. It is divided into 16 administrative provinces called voivodeships, covering an area of . Poland has a population of over 38 million and is the fifth-most populou ...
, the Group operates the health and beauty and cosmetic chain Hebe. In 2013, Jerónimo Martins Group started its operations in
Colombia Colombia (, ; ), officially the Republic of Colombia, is a country in South America with insular regions in North America—near Nicaragua's Caribbean coast—as well as in the Pacific Ocean. The Colombian mainland is bordered by the ...
with the opening of the first Ara stores as well as its and the first distribution centre.


Former operations

It once owned
Lillywhites Lillywhites is a sports retailer based at Piccadilly Circus, London, United Kingdom. It is a division of Frasers Group. History In the 19th century, several members of the Lillywhite family were leading cricketers; another, Fred Lillywhite, ...
, a British company focused on sports goods (sold in 2002 to
Sports World International Frasers Group plc (formerly known as Sports Direct International plc) is a British retail, sport and intellectual property group, named after its ownership of the department store chain House of Fraser. The company is best known for trading pr ...
); a stake in Eurocash, a cash-and-carry in Poland; and Supermercados Sé, a supermarket chain in Brazil (sold to
Grupo Pão de Açúcar Companhia Brasileira de Distribuição, doing business as GPA (formerly as Grupo Pão de Açúcar), is the biggest Brazilian company engaged in business retailing of food, general merchandise, electronic goods, home appliances and other products f ...
in 2002).


Key Figures


See also

* Pingo Doce *
Recheio Recheio is the biggest cash-and-carry chain of stores operating in Portugal. History The company was born in Figueira da Foz in 1972, with the concept of auto-service for owners of small and medium commercial stores. In 1984, the company opene ...
*
Biedronka Biedronka is a chain of supermarkets. It is the largest chain of discount shops in Poland with 3,283 stores as of 2022 and 70,000 employees (2022). It is owned by the Portuguese group Jerónimo Martins. The name "Biedronka" means "ladybug", and a ...


References


External links

* * {{DEFAULTSORT:Jeronimo Martins Companies based in Lisbon Food and drink companies of Portugal Retail companies established in 1792 Conglomerate companies of Portugal Multinational companies headquartered in Portugal