The supermarket chain Dia, whose initials correspond to Distribuidora Internacional de Alimentación, has announced this Thursday the sale of 100% of Dia Argentina to Dorinka, a local company controlled by the Grupo de Narváez group, responsible for the management of the ChangoMás stores.
As Dia has pointed out in the notice sent to the Comisión Nacional del Mercado de Valores (CNMV), the amount of the transaction had already been brought forward as inside information on November 5. At that time, it was detailed that the price amounted to about 53.8 million dollars (48.6 million euros).
The divestment has been carried out through its subsidiary Pe-Tra Servicios a la Distribución, in which the group holds an interest in full and indirectly. The agreed payment has been made this same Thursday, which implies that Dia has completed its withdrawal from the Argentine market.
After the close of this transaction, the company will concentrate its resources on the Strategic Plan 2025-2029 "Creciendo cada día", focused on Spain, a country that the company identifies as its most profitable market and with the greatest expansion prospects.