Massmart Holdings Overview
- Year Founded
-
1990
- Status
-
Acquired/Merged
- Employees
-
51,000
- Latest Deal Type
-
2ndary - Private
- Financing Rounds
-
4
- Investments
-
3
Massmart Holdings General Information
Description
Operator of a retail and wholesale store designed to offer diverse consumer goods across sub-Saharan Africa. The company focused on high-volume, low-cost operations, enabling customers to access general merchandise, liquor, home improvement and wholesale food products.
Contact Information
Website
www.massmart.co.za(Operating Subsidiary)
Corporate Office
- Private Bag X4
- Sunninghill, 2157
- South Africa
Corporate Office
- Private Bag X4
- Sunninghill, 2157
- South Africa
Massmart Holdings Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Massmart Holdings Comparisons
Industry
Financing
Details
Massmart Holdings Competitors (3)
One of Massmart Holdings’s 3 competitors is Mr Price Group, a Corporation company based in Durban, South Africa.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Mr Price Group | Corporation | Durban, South Africa | ||||
| SPAR International | Corporation | Amsterdam, Netherlands | ||||
| Shoprite Nigeria | Private Equity-Backed | Lagos, Nigeria |
Massmart Holdings Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Massmart Holdings Acquisitions (3)
Massmart Holdings’s most recent deal was a Merger/Acquisition with Eiger Living. The deal was made on 29-Jun-2022.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Eiger Living | 29-Jun-2022 | Merger/Acquisition | Household Appliances | ||
| OneCart | 06-Oct-2021 | Merger/Acquisition | Internet Retail | ||
| The Fruitspot | 01-Jan-2012 | Merger/Acquisition | Distributors/Wholesale |
Massmart Holdings Affiliates
Subsidiaries (3)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| OneCart | Johannesburg, South Africa | 2016 | |
| Eiger Living | Johannesburg, South Africa | ||
| Massmart Group Retirement Fund | Sandton, South Africa |
Massmart Holdings FAQs
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When was Massmart Holdings founded?
Massmart Holdings was founded in 1990.
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Where is Massmart Holdings headquartered?
Massmart Holdings is headquartered in Sunninghill, South Africa.
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What is the size of Massmart Holdings?
Massmart Holdings has 51,000 total employees.
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What industry is Massmart Holdings in?
Massmart Holdings’s primary industry is Department Stores.
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Is Massmart Holdings a private or public company?
Massmart Holdings is a Private company.
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What is the current valuation of Massmart Holdings?
The current valuation of Massmart Holdings is .
-
What is Massmart Holdings’s current revenue?
The current revenue for Massmart Holdings is .
-
How much funding has Massmart Holdings raised over time?
Massmart Holdings has raised $81.5M.
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Who are Massmart Holdings’s competitors?
Mr Price Group, SPAR International, and Shoprite Nigeria are competitors of Massmart Holdings.
-
When was Massmart Holdings acquired?
Massmart Holdings was acquired on 01-Nov-2022.
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Who acquired Massmart Holdings?
Massmart Holdings was acquired by Walmart.
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