Casas Bahia now has a new owner: the Map Capital Manager, with 85.5% of the company

Specialized in renovation, the company has transformed the group’s debts with Bradesco and Banco DO Brasil into shares and won a slice of 85.5% of the company; Debt and financial expenses decrease with operation

THE Bahia Casas It has a new owner. THE Mapa Capital Manager It became the owner of 85.5% of the company, after having converted the debt securities (the so -called bonds) in ordinary shares (voting rights) of the dealer. With the movement, the group’s debt drops in half, to $ 1.6 billion. It is estimated that it generates an annual economy in the estimated financial expenses in $ 230 million.

“We believe in the group’s potential, said partner Mapa Fernando Beda in a note.” The evolution of the operational results strengthens that the company is trampling on the right way. “

Casas Bahia is undergoing a long process of operational and financial renovation, which began in 2023. Like other retailers, the network suffered The sudden maximum of interestafter the pandemic. In 2024, he crossed an extrajudicial recovery to extend the debt and reduce financial costs.

At the same time, he tried to reduce the actions and returned to traditional marketing, with campaigns such as “total dedication to you”, used for decades by society. He also launched the Casasbahia ads platform, invested in the app and new shop formats.

The conversion of the debt in action is considered another step in this recovery. According to the dealer, the movement strengthens its capital structure and represents a “strategic step” within its transformation plan. “This should contribute to the relevant reduction in the financial cost, in particular in the current macroeconomic scenario,” said the president of the Casas Bahia Renato Franklin group Estadão/Transmission.

Map Capital purchased the debt of the two main creditors, Bradesco and Banco Do Brasil and managed to maintain the credit lines with the banks, in order to earn breath and try to grow again. Mapa specializes in financial advice, debt renovation, advice and acquisition advice and purchase of participation in companies, such as Plascar, manufacturer of plastic equipment for the automotive industry.

With the transaction, other shareholders of the retail sales network, a group that includes the family of the founder Samuel Klein, loss of participation. As shown on the Estadão/Transmission At the time, the shareholder Michel Klein, owner of 3.8% of the company’s capital, intended to return to the Group Council In 2026 and sought support from other shareholders. The doubt among analysts is the way the map will relate to it. Research, the manager did not comment.

Source: Terra

Rose

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