Jerónimo Martins SGPS, SA (JM) is a Portuguese corporate group that operates in food distribution and specialised retail. It operates more than 4,900 stores in Portugal, Poland, and Colombia.[1]
 | |
| Company type | Sociedade Anónima |
|---|---|
| Euronext Lisbon: JMT PSI-20 component | |
| ISIN | PTJMT0AE0001 |
| Industry | Retail |
| Founded | 1792 |
| Founder | Jerónimo Martins |
| Headquarters | Lisbon, Portugal |
Key people | Pedro Soares dos Santos (CEO) |
| Services | Food Distribution: Specialised Retail:
|
| Revenue | €20.889 billion (2021)[1] |
| €463 million (2021)[1] | |
Number of employees | 123,458 (2021)[1] |
| Website | www.jeronimomartins.com |
The group is the majority owner of Jerónimo Martins Retail (JMR), which operates the Pingo Doce super- and hypermarket chain in Portugal. JMR has been run as a 51%-49% joint venture with the Dutch firm Ahold Delhaize since 1982.[2]
Jerónimo Martins is listed on Euronext Lisbon, under the code JMT, and is part of the PSI-20 index.
Operations
In Portugal, Jerónimo Martins operates the Pingo Doce chain of super- and hypermarkets as well as the Recheio chain of cash-and-carry stores.
The Group also operates in the specialized retail sector in Portugal. Jerónimo Martins owns the Jeronymo coffee shops and the Hussel chocolate and confectionery stores.[3]
Until 2016, Jerónimo Martins had industrial facilities focused on the production of several Unilever brands. This was carried out through the joint venture company Unilever Jerónimo Martins, which was 45% owned by JM and 55% owned by Unilever.[4]
Jerónimo Martins also owns Biedronka, the largest chain of no-frills supermarkets in Poland. Also in Poland, the Group operates the health and beauty and cosmetic chain Hebe.[3]
In 2013, Jerónimo Martins Group started its operations in Colombia with the opening of the first Ara stores as well as its and the first distribution centre.[5]
Former operations
It once owned Lillywhites, a British company focused on sports goods (sold in 2002 to Sports World International);[6] a stake in Eurocash, a cash-and-carry in Poland;[7] and Supermercados Sé, a supermarket chain in Brazil (sold to Grupo Pão de Açúcar in 2002).[8]