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 systems, food system. The process and methodology behind food distri ...

and specialised retail. It operates more than 6,100 stores in

Portugal Portugal, officially the Portuguese Republic, is a country on the Iberian Peninsula in Southwestern Europe. Featuring Cabo da Roca, the westernmost point in continental Europe, Portugal borders Spain to its north and east, with which it share ...

Poland Poland, officially the Republic of Poland, is a country in Central Europe. It extends from the Baltic Sea in the north to the Sudetes and Carpathian Mountains in the south, bordered by Lithuania and Russia to the northeast, Belarus and Ukrai ...

Slovakia Slovakia, officially the Slovak Republic, is a landlocked country in Central Europe. It is bordered by Poland to the north, Ukraine to the east, Hungary to the south, Austria to the west, and the Czech Republic to the northwest. Slovakia's m ...

and

Colombia Colombia, officially the Republic of Colombia, is a country primarily located in South America with Insular region of Colombia, insular regions in North America. The Colombian mainland is bordered by the Caribbean Sea to the north, Venezuel ...

. The group is the majority owner of Jerónimo Martins Retail (JMR), which operates the Pingo Doce super- and

hypermarket A hypermarket 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 full grocery lines and general merchandise. In ...

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 risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to acce ...

with the Dutch firm

Ahold Delhaize Koninklijke Ahold Delhaize N.V. (in Dutch language, Dutch literally "Royal Ahold Delhaize"), commonly known as Ahold Delhaize, is a Dutch-Belgian multinational retail and wholesale holding company. Its name comes from the 2016 merger of two comp ...

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. The most famous index is PSI-20. Euronext Lisbon trades equities, public and private bonds, participation bonds, warrants, corporate warrant ...

, 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 capita ...

index.

Operations

, Jerónimo Martins operates the Pingo Doce chain of super- and

hypermarkets A hypermarket 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 full grocery store, grocery lines and product (bu ...

as well as the Recheio 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 packaged goods company headquartered in London, England. It was founded on 2 September 1929 following the merger of Dutch margarine producer Margarine Unie with British soap maker Lever B ...

brands A brand is a name, term, design, symbol or any other feature that distinguishes one seller's goods or service from those of other sellers. Brands are used in business, marketing, and advertising for recognition and, importantly, to create and ...

. 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, the largest chain of

discount store Discount stores offer a retail format in which products are sold at prices that are in principle lower than an actual or supposed "full retail price". Discounters rely on bulk purchasing and efficient distribution to keep down costs. Types (Uni ...

s in

. Also in

, the Group operates the health and beauty and cosmetic chain Hebe. In 2013, Jerónimo Martins Group started its operations in

with the opening of the first Ara stores as well as its 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, o ...

, a British company focused on sports goods (sold in 2002 to Sports World International); a stake in Eurocash, a cash-and-carry in Poland; and Supermercados Sé, a supermarket chain in Brazil (sold to Grupo Pão de Açúcar in 2002).

Key figures

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 Companies listed on Euronext Lisbon

Operations

Former operations

Key figures

See also

References

External links