German multinational takes over Portuguese wholesale dealer Aviludo

Aviludo, one of Portugal’s main wholesale suppliers, has been taken over by Metro AG.

The German multinational company, which owns Portugal’s Makro cash-and-carry stores, completed the deal as part of its goal to expand its presence in Portugal, which it views as a “strategic market”.

The cost of the takeover has not been revealed and the deal is still awaiting approval from authorities.