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Grupo Casas Bahia

From Wikipedia, the free encyclopedia
Brazilian retail company founded in 2010
Grupo Casas Bahia S.A.
FormerlyGlobex Utilidades S.A. (2010-2012)
Via Varejo S.A. (2012-2021)
Via S.A (2022-2023)
Company typeSociedade Anónima
B3BHIA3
Ibovespa Component
IndustryRetail
Founded2010; 16 years ago (2010)
FounderGrupo Pão de Açúcar
Headquarters,
Number of locations
1073
Area served
Brazil
Key people
Roberto Fulcherberguer, (Chairman)[1]
Renato Franklin (president)
Raphael Oscar Klein, (CEO)
RevenueIncreaseR$ 29.8 billion (2019)[2]
Decrease R$ (479) million (2019)[2]
Number of employees
52,168 (2016)[3]
ParentMapa Capital (2025-present, 85%)
SubsidiariesBartira
Casas Bahia
Extra.com.br
Ponto
Websitewww.grupocasasbahia.com.br

Grupo Casas Bahia (formerly known asVia[1] andVia Varejo) is a Brazilian retail company founded in 2010 through themerger of retail companiesCasas Bahia, owned by theKlein family, and Ponto, owned byGrupo Pão de Açúcar (GPA).

History

[edit]

In December 2009, Grupo Pão de Açúcar purchased Casas Bahia and transferred its retail units to Globex Utilidades SA, Ponto Frio's parent company which was purchased by the group in June earlier that year.[4]

From the following year, it began operating Nova Pontocom, ane-commerce company that reached an 18% market share in Brazilian online retail. In early 2012, Globex Utilidades officially changed its corporate name to Via Varejo.[5]

In May 2013, it was announced that the Klein family is planning to sell as much asR$ 2 billion (16%) worth of their stake in the company through anIPO.[6][7] 53.7 million common shares of the family's stake began trading on December 16, 2013.[8]

Through thepublic offering of shares, Via Varejo raisedR$ 2.845 billion, with three-quarters of the amount transferred to the Klein family and the remainder to GPA.[9] Ownership of the company has changed to GPA with 43.3%, the Klein family with 27.3%, and minority shareholders with 29.3%.[10]

In October 2013, it was announced that Via Varejo will acquire the remaining 75% stake of Móveis Bartira, an exclusive provider of furniture for Casas Bahia and Ponto Frio, founded by Samuel Klein in 1962.[11][12]

In June 2014, Cnova Brazil, a global e-commerce company with a total gross merchandise volume of $4.9 billion, was created through ajoint venture betweenCasino, GPA, Via Varejo andExito. Cnova Brazil will be directly owned 46.5% by Casino (including its subsidiary Exito) and 53.5% indirectly by GPA, Via Varejo and certain founding shareholders of Nova Pontocom.[13][14]

In June 2019, it was announced that the Klein family became the largest shareholder of Via Varejo with a 27% stake, after GPA sold its entire stake.[15] On September 20, 2023, the company rebranded to Grupo Casas Bahia.[16]

In August 2025, it was announced that Mapa Capital acquired R$1.6 billion in debt from the group and converted it into shares. This made it its largest shareholder, with an 85% stake.[17]

Operations

[edit]

Before becoming part of Cnova Brasil, the group's online operations were part of a company called Nova Pontocom. It was formed in 2010 from the merger of the online retail operations of Casas Bahia, Ponto Frio, andExtra, a hypermarket chain owned by GPA. With a 21.9% stake held by Via Varejo when it was founded,[10] Cnova Brazil operated the following online stores:Extra.com.br,Casasbahia.com.br, andPontofrio.com.[18]

As of July 2020, the company has 1073 stores in Brazil, distributed under the brands Casas Bahia with 857 stores and Ponto Frio with 216 stores. The state with the largest number of Casas Bahia and Ponto Frio stores isSão Paulo, with 358 and 59 stores respectively.[19]

References

[edit]
  1. ^ab"Via Varejo anuncia mudança de nome e aquisição de fintech".Exame (in Brazilian Portuguese). 2021-04-26. Retrieved2021-07-31.
  2. ^ab"Interactive Results".Via Varejo. Retrieved 27 July 2020.
  3. ^"Fourth Quarter and Full Year 2016 Results",Via Varejo. Retrieved 7 March 2017.
  4. ^Marcelino, Francisco & Fontana, Camila (4 December 2009)."Pao De Acucar Agrees to Buy Casas Bahia; Shares Jump".Bloomberg. Retrieved 18 July 2013.
  5. ^"Globex planeja adotar nome "Via Varejo""Archived December 17, 2013, at theWayback Machine.Brasil Econômico. 30 January 2012. Retrieved 18 July 2013.
  6. ^Brandimarte, Walter (13 May 2013)."Big holder plans to sell nearly $1 billion of Via Varejo stake".Reuters. Retrieved 18 July 2013.
  7. ^"Brazil's Klein family to sell up to 16 pct stake in Via Varejo".Reuters. 13 May 2013. Retrieved 18 July 2013.
  8. ^"Brazil's Pao de Acucar, Klein family to sell Via Varejo shares".Reuters. 25 November 2013. Retrieved 26 November 2013.
  9. ^"Ações da Via Varejo estreiam em alta na Bovespa".UOL (São Paulo). 16 December 2013. Retrieved 17 December 2013.
  10. ^ab"Corporate Governance".Via Varejo. Retrieved 16 August 2016.
  11. ^"Via Varejo pode comprar Móveis Bartira"Archived October 19, 2013, at theWayback Machine.Meio & Mensagem. 17 October 2013. Retrieved 18 October 2013.
  12. ^Bezerra, Paula (17 October 2013)."Via Varejo pode ficar com Móveis Bartira, dos Klein ".Exame. Retrieved 18 October 2013.
  13. ^"Casino Guichard Perrachon sets up with Via Varejo global ecommerce joint venture Cnova".Reuters. 4 June 2014. Retrieved 22 June 2014.
  14. ^"Casino Group: Creation of a major global ecommerce - Cnova".GlobeNewswire. 4 June 2014. Retrieved 22 June 2014.
  15. ^"Control of Brazil retailer Via Varejo shifts to Klein family from GPA".Reuters. Retrieved2019-06-25.
  16. ^Miato, Bruna (2023-09-20)."Via Varejo, Via, Grupo Casas Bahia: por que a empresa vai mudar de nome de novo?".g1 (in Brazilian Portuguese). Retrieved2025-01-01.
  17. ^"A nova dona das Casas Bahia: Gestora fica com 85% das ações após conversão de dívida".Exame (in Brazilian Portuguese). Retrieved2025-08-15.
  18. ^"Our Websites".Cnova. Retrieved 16 August 2016.
  19. ^"Our Stores",Via Varejo. Retrieved 27 July 2020.

External links

[edit]
BrazilIbovespa companies ofBrazil
Retrieved from "https://en.wikipedia.org/w/index.php?title=Grupo_Casas_Bahia&oldid=1306109064"
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