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January 27, 2022

Walmart Mexico weighs options for Central America unit

Walmart's Mexican arm, Walmart de México y Centroamérica, is considering strategic alternatives regarding its operations in El Salvador, Honduras and Nicaragua, focusing efforts and capital on its main businesses and geographies.

By Hannah Abdulla

Walmart Mexico (Walmex) said these alternatives could include but are not limited to, possible joint ventures, partnerships or strategic alliances, a sale or other transactions.

“All our operations in Central America are solid businesses with a differentiated value proposition for the customer, investment in a world-class infrastructure and a platform for significant and well-founded growth,” said Guilherme Loureiro, Executive President and General Director of Walmart de Mexico and Central America.

“As we seek to prioritize our resources and accelerate our ecosystem in Costa Rica, Guatemala and Mexico, we believe there may be attractive opportunities for further growth in El Salvador, Honduras and Nicaragua, which could be better captured under a different structure.”

All operations of Walmart de México y Centroamérica will continue as normal through this process. As it has always done, the company will continue to comply with all its obligations to its customers, associates, suppliers and all its stakeholders.

The company does not guarantee that the process will result in a transaction. Walmex will inform its shareholders and the investing public in general in accordance with the provisions of the applicable laws and regulations.

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