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La Anónima Buys 12 Libertad Stores and a Distribution Center in Argentina

The deal signals sector retrenchment in Argentina triggered by falling consumption, rising costs, and a pivot to steadier real-estate income.

Overview

  • La Anónima will take over 12 locations and a logistics hub from Grupo Libertad, with sites in Córdoba (4), Tucumán (2), and Rosario, Salta, San Juan, Rafaela, Posadas, and Santiago del Estero.
  • Employees at the affected stores will transfer to La Anónima with job continuity, with reports citing more than 1,600 roles moving to the buyer.
  • The handover will roll out gradually over the coming months to keep operations and customer service running without interruption.
  • The acquisition broadens La Anónima’s reach in Argentina’s center and north, lifting its network to about 171 stores in 91 cities, according to company statements.
  • Grupo Libertad will concentrate on its Paseo Libertad shopping centers; no purchase price was disclosed, and analysts note integration and branding challenges for the buyer in new markets.