Grupo St. Marche Receives Growth Investment from L Catterton

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Summary

Marche, a Sao Paulo, Brazil-based food retail supermarket chain, received a growth capital investment from L Catterton.The company intends to use the funds to accelerate continued growth in Brazil.Founded in 2002 by Bernardo Ouro Preto and Victor Leal, St.Marche operates a supermarket chain that prioritizes proximity, convenience, customer service and a product assortment of 10,000 items.The Fund has offices in Brazil, Colombia, Mexico and New York and has previously made an investment in Bodytech, the leading health and fitness player in Latin America.

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