Chilean Park Arauco completed the total purchase of the mall Minka For around S/381 million, marking a milestone in its expansion in Peru. This purchase, announced by the Centennial Group, is still subject to the approval of Indecopi.
The sale of Minkaa well -known shopping center in Callao, reflects the confidence of Parque Arauco in the potential of the Peruvian market. Therefore, with this acquisition, Parque Arauco reinforces its presence in the Peruvian market, which has been growing constantly.
Parque Arauco Buy the Minka shopping center from the Centennial Group
The amount of S/381 million highlights Minka’s relevance in the Portfolio of Arauco Holding Peru SAC (Arauco Park), a Chilean company that decided to acquire this new mall in Peru. He Minka shopping center It is a reference point in Callao, attracting thousands of visitors every month. The operation is part of the Chilean company strategy to diversify and strengthen its presence in the region.
“In line with our commitment to the development and creation of sustainable value, we reported that we have signed a sale contract with Arauco Holding Peru SAC (Arauco Park) for the transfer of 100% of the multimerced shares of Zonal SAC (Minka) and Its subsidiary MZ real estate & developer SAC for a company value of S/381 million nuevos soles “, reads in the statement.
It is relevant to emphasize that the sale made by the Centennial Group to the Chilean company, Parque Arauco, must still be subject to the approval of INDECOPI, by virtue of the previous control regulations of business concentration operations.
Where is the Minka shopping center?
Minkashopping center located in Callao, has established itself as one of the main places of commerce in Peru. Since its opening in 1999, it has experienced a significant transformation, going from being a wholesale market to becoming a commercial city that offers a variety of sales formats. Its infrastructure includes traditional markets, outlet stores, supermarkets and a wide gastronomic offer, which makes it an attractive destination for both merchants and consumers.
With hundreds of commercial establishments, Minka It houses recognized brands in sectors such as fashion, technology, appliances and home products. Its market area gives visitors access to fresh products at competitive prices, consolidating its position as a commercial space of great influence.
Source: Larepublica
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