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OMNi Buys Jüsto, Plans $100 Million Relaunch in Mexico

Suppliers seek clarity on overdue invoices during OMNi's planned restart.

Overview

  • An official date for resuming service in Mexico will be announced in the coming days, according to OMNi.
  • The relaunch plan includes reinstating more than 500 employees and folding the grocery service into OMNi’s ecosystem with Bankaool.
  • OMNi will review supplier debts case by case to reach agreements, as vendors urge transparent, timely communication.
  • Founder Ricardo Weder is out of the operation and OMNi is searching for a new leader to run the business.
  • HSBC validated the transaction and General Atlantic is cited as a backer, while FEMSA clarified it is no longer a shareholder or involved in the new administration.