Leveraged Hypermarcas Unloads Six Brands

Leveraged Hypermarcas Unloads Six Brands

Brazil M&A

Hypermarcas, which has seen its leverage levels rise of late, has decided to divest 6 different brands along with their respective operating assets for a combined BRL305m ($167.4m). The owner of various Brazilian consumer brands signed an agreement to sell the Etti, Salsaretti and Puropore food product brands to Swiss-based agribusiness and food company Bunge for BRL180m ($98.8m). It will also separately sell household cleaning brands Assolan, Perfex and Cross Hatch to Quimica Amparo, a home cle

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