Jeronimo Martins SGPS (OTCMKTS:JRONY) is a Portugal-based international retail group with a history dating back to 1792. Originally founded as a colonial trading company, it has evolved into one of Europe’s leading food distribution operators. The group’s strategic focus centers on food retailing and wholesale cash & carry, with a robust presence in Portugal, Poland and Colombia. Through its diversified business model, Jeronimo Martins balances mature market operations in Western Europe with high-growth potential in emerging markets.
In Portugal, the group operates the Pingo Doce supermarket chain, known for its broad assortment of fresh produce, own-brand products and daily essentials. It also runs Recheio, a cash & carry network catering to hospitality and small independent retailers. In Poland, Jeronimo Martins owns the Biedronka banner, the country’s largest grocery retailer by sales area, offering value-oriented products to millions of customers. In Colombia, the company is expanding Ara, a fast-growing convenience supermarket chain tailored to local neighborhoods, emphasizing competitive pricing and convenient formats.
Jeronimo Martins’s leadership team is spearheaded by Chief Executive Officer Pedro Soares dos Santos, under whom the group has pursued both operational excellence and expansion into new markets. The board comprises seasoned executives with deep expertise in retail operations, supply chain management and consumer goods. Sustainability and responsible sourcing have become integral to the group’s strategy, as evidenced by initiatives in waste reduction, renewable energy and partnerships with local producers.
Over its more than two centuries of operation, Jeronimo Martins has cultivated a reputation for innovation in retail formats, digital commerce and customer loyalty programs. Its omnichannel capabilities continue to evolve, blending online shopping, mobile applications and home delivery services. With a steadfast commitment to long-term growth, cost discipline and community engagement, Jeronimo Martins SGPS remains positioned to navigate competitive dynamics in the global food retail sector.
