Imperial, a leading hardware store chain in Chile, has entered into a joint venture selling 60% of its stake to Sodimac, a subsidiary of the Falabella retail group.

Target Information

Imperial is a prominent chain of hardware stores in Chile, known for its extensive range of home improvement and construction materials. The company has established itself as a leader in the market, maintaining a strong presence across various regions in the country and catering to both professional contractors and individual consumers.

This transaction involves the structuring of a joint venture and the sale of a 60% stake in Imperial to Sodimac, which is a subsidiary of the Falabella retail group. With this strategic move, Imperial aims to leverage the extensive resources and capabilities of Sodimac to enhance its operations and expand its market reach.

Industry Overview in Chile

Chile's retail industry, particularly in the home improvement sector, has witnessed significant growth over the past few years. The rising demand for construction materials and home renovation project