Overview

• BM Supermercados achieved a record 10.6% sales growth in 2024, surpassing €1.186 billion, driven by the acquisition of Hiber’s 31 Madrid stores and 10 additional openings.
• The company plans to invest €40 million in 25 new projects in 2025, including eight stores in Madrid, two in Navarra, two in Bizkaia, one in Cantabria, and 12 franchises.
• BM’s private-label products, now representing 17% of sales, have grown significantly due to increased price sensitivity among consumers.
• Private equity firm Pai Partners, which holds a 70% stake in Uvesco, is seeking an exit after a failed €800 million takeover bid by Carrefour in December 2024.
• Efforts to form a consortium of local investors, supported by the Basque Government, are progressing to ensure Uvesco remains under regional control.