Makro is part of the Dutch SHV Group (Steenkolen Handels-Vereeniging), foudend in 1896. The SHV Group nowadays is a holding of various companies with different missions and activities.
Makro is a leading company in the Cash and Carry Wholesale business operating in Asia and in South America with stores in Argentina, Brazil, Colombia, Peru and Venezuela. Its services are directed to professional customers and aim to offer quality products at low prices.
In 1998 the European Makro stores were acquired by METRO AG but SHV is active with its Makro stores in Asia and South America. At the end of 2008 Makro had 165 stores in South America and Thailand. The Makro South America head office is located in Sao Paulo, the head office of Makro Asia in Bangkok, Thailand. Sales amounted to € 4,1 billion in 2008.
In 2011, Makro’s continuing expansion programme saw the opening of 10 new stores bringing the total number in South America and Thailand to 206. The Makro South America head office is located in Sao Paulo, Brazil. The head office of Makro Asia is in Bangkok, Thailand.
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