In January 2025, the sale of Makro Argentina to Cencosud, a Chilean publicly traded company operating over 1,500 stores across Latin America, was completed. Following exits from Peru (2020), Brazil (2023), and Venezuela (2023), Colombia remains the sole fully operational Makro business.
Makro Colombia delivered robust results, underpinned by effective strategic implementation despite the difficult macroeconomic climate.
In Brazil, the operational wind-down progressed as planned, with the transition of divested stores nearing completion. In Venezuela, all former Makro stores continue to operate under a long-term rental and operational agreement with Redvital, a major pharmacy chain and medical appliances provider, which is investing in and redeveloping the stores under its Makro-Redvital concept.
Divestments