Circular economy worth €90 million for Sonae
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, [...]
Sonae’s Musti acquires PetCity
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 [...]
Sonae leads US$12 million investment round in Tamnoon
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 [...]
In Asset and Fund Management, Asset Management, News, Shopping Centres, Sonae, Sonae Sierra, Supermarkets
Posted Sonae Sierra – a finger in every property pie
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 [...]
Continente pays out 79% of Sonae sales
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, [...]
