UNICOMER GROUP BEGINS OPERATIONS IN ARUBA
Unicomer Group through the acquisition on September 29, 2014 of Unicon N.V. will now operate in Aruba under the brand names of AMC Unicon, Hagemyer, Home & Nature and Price Hacker expanding its presence to 20 countries including Central America, Ecuador, Dominican Republic, United States, and the Caribbean.
Unicon had its beginnings in 1955 and today is the most important retailer in Aruba selling and servicing household appliances, furniture and electronics. The three namesake AMC Unicon stores trace their origin to the Ceteco group of companies from which Unicomer Group acquired the La Curacao and Almacenes Tropigas chains in Central America in 2000. AMC Unicon’s offerings of appliances and electronics are complemented by Home & Nature’s home furnishings, the Hagemyer store with its main focus in furniture and major appliances, and Price Hacker’s large variety of promotional good value offerings.
“This acquisition is a perfect complement to our expansion strategy in the Caribbean, as Unicon operates very similar retail formats as those already operated by the Unicomer Group in its other territories. Unicon’s stores combine broad and attractive product offerings combined with accessible credit options and after-market support services” explained Mario Siman, Chairman and CEO of the Unicomer Group.
This purchase allows Unicomer Group to solidify its position as a leading regional retailer adding 100 associates to the more than the 14,000 already employed and serving customers with more than 850 stores on 3.5 million square feet of sales area in the 20 countries where it currently operates.