Sonae

The CEO of Portuguese company Sonae, Cláudia Azevedo, says that it is time to “stop demonising” company profits and warns that Portugal will only be able to compete internationally with strong [...]

Portugal’s Sonae Capital Industrials has changed its name to Prismore Capital and has acquired two Spanish companies – Madrid-based Waste Plastic Iberia (WPI) and 33% of the capital of the [...]

Portugal’s Sonae, through its venture capital arm Bright Pixel, has increased its investment in the French cybersecurity startup Sekoia, co-investing €26 million. “As partners of Sekoia.io since [...]

SC Investments, which is held by Efanor, a holding of the Belmiro de Azevedo family (Sonae Group), has made an agreement to sell its assets in Troia to ACO Cedar, a company owned by the British [...]

Bright Pixel, the venture capital investment arm of the Sonae Group led by Cláudia Azevedo, spearheaded the latest round of financing for Keychain, the platform that connects retailers with [...]

The Sonae group’s turnover from circular products and services amounted to around €90 million in 2023, the company said in a statement this Friday. This “circularity” is done, [...]

Musti, a pet products company owned by Sonae, which operates in the Nordic countries, has acquired PetCity, a counterpart in the Baltic states. The acquisition was announced this Monday and marks [...]

Bright Pixel, the venture capital investment arm of Sonae, has led a US$12 million (€10.8 Million Series A investment in the Israeli startup Tamnoon. Tamnoon (Octopus in English) is a [...]

Text: Chris Graeme Photos: Joaquim Morgado When most people think of the Portuguese company Sonae, they invariably think of the company as European shopping centre developers and managers, or [...]

The multi-sector Portuguese company Sonae closed 2023 with a turnover of €8.4Bn, up 9.2% on 2022. Sonae’s EBITDA was a record €990 million. The growth was driven by MC, the owner of Continente, [...]