Espaço Casa
Household goods retail
Explorer III

Invested in
Divested in
Investment Rationale

Entry into market with stable sales over the last years and good growth prospects following economic recovery. High cash generation potential due to no investment in working capital and low maintenance capex. Upside expansion potential to Spain and other countries.


Expansion of chain of stores in Spain, opting for areas where it is more likely to replicate success factors reported in Portugal. Use up all national growth potential by opening new stores and increased ticket per client in existing stores. Hire extra staff for management team in Portugal and development of structure for roll-out in Spain.