Retail in Asia

In Markets

Dairy Farm acquires Macau supermarket chain San Miu

Asian retail giant Dairy Farm International said on Thursday that its wholly-owned subsidiary, The Dairy Farm Company, had acquired the Macau-based supermarket operator – San Miu Supermarket.

San Miu operates 15 mass-market supermarkets with an average gross store size of approximately 9,500 square feet. The acquisition of San Miu reinforces Dairy Farm’s retail presence in Macau, and complements its well-established convenience store and health and beauty businesses in the territory.

Dairy Farm operates over 6,100 outlets together with its associates and joint ventures – including supermarkets, hypermarkets, convenience stores, health and beauty stores, home furnishings stores and restaurants. The company employs over 100,000 people, and total annual sales exceeded USD13 billion in 2014.