Spanish supermarket chain Mercadona is planning to inject €180 million into its Portuguese subsidiary to fund continued expansion plans in the country throughout 2024.
The additional investment will directly support the opening of 11 new stores in Guarda, Oliveira de Azeméis, Coimbra (Solum and Eiras), Leiria, Évora, Vila Nova de Gaia (Canelas), Sintra (Rio de Mouro), Maia (Moreira), Seixal (Fernão Ferro), and Barreiro (Lavradio).
Mercadona also plans to complete the Almeirim logistics hub in July of this year. It is its second in Portugal and the biggest on the Iberian Peninsula.
With this latest contribution, Mercadona's total investment in Portugal will surpass €1.26 billion. The company is committed to long-term growth in the region, prioritising consolidation in Portugal before venturing into new markets.
