Mifarma belongs to Quicorp group with over 75 years of experience in the pharmaceutical sector in Latin America, operating in 6 countries including Peru, Ecuador, Bolivia, Colombia, Venezuela and Dominican Republic. Mifarma currently has about 600 stores throughout Peru.
This transaction is part of the plan to sell non-core businesses announced by the Company in order to keep the focus on the core business and generate improved profitability.
Cencosud arrived to Peru in December 2007 through the acquisition of GSW SA, operator of supermarkets and hypermarkets under the Wong and Metro brands and shopping centers in Peru. At September 2015 Cencosud operated 222 supermarkets and hypermarkets, 9 Department Stores and 4 Shopping Centers.
Cencosud SA issued this content on 10 February 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 10 February 2016 22:17:30 UTC
Original Document: http://www.cencosud.com/wp-content/files_mf/ventadefarmaciasenperueng.pdf