O crescimento do setor de varejo via fusões e aquisições no Brasil nos anos 2000

Abstract

Como principais resultados, o estudo captou um momento de grande progresso técnico no varejo, forte expansão no volume de vendas e expansão financeira das principais varejistas, acompanhado do aumento do número de transações de F&A. Porém, os indicadores de concentração se mantiveram estáveis ao longo da análise. The present study aims on to verify the effects of the Mergers and Acquisitions’ strategy over the concentration of retail in Brazil in the 2000s. The literature used as theoretical framework is the S-C-P-P model and the Merges and Acquisitions (M&A) model, based on the premises that the companies which adopted M&A as a growth strategy had increased the sector’s concentration. For such analysis, Descriptive Statistics were put into use, based on the companies’ billing, M&A reports and sector indicators. As main results, this study has captured a moment of great technical progress in retail, a strong expansion of sales amount and financial expansion of the main retailers, followed by an increase in the number of M&A transactions. However, the concentration indicators remained stable throughout the analysis.