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News · Colombia

Sodimac Colombia Acquires Majority Stake in Sumatec to Expand Its Industrial Business

Homecenter Sodimac Colombia acquired a majority stake in Sumatec by purchasing shares from Grupotec and making a capital contribution. The transaction aims to strengthen the maintenance, repair and operations (MRO) segment while retaining the Manizales-based company’s brand and team.

A house-shaped wooden structure and a factory-shaped concrete one, both used as shelves for tools, screws, and industrial parts, fit together atop geometric blocks.
AI-generated conceptual illustration · Edition Business

A strategic partnership for the industrial sector

Homecenter Sodimac Colombia formalized its acquisition of a majority stake in Sumatec, a company with more than 70 years of experience distributing technical supplies. Announced in October 2026, the transaction marks a decisive step in the retail chain’s strategy to consolidate its presence in the maintenance, repair and operations (MRO) segment, a key area for Colombian industry.

The transaction was structured through two main mechanisms: the purchase of shares from Grupotec S.A.S., a shareholder associated with the founding family, and a direct capital contribution to the company. Under the terms of the agreement, Grupotec will retain a minority stake, preserving the founders’ connection to the business and establishing a long-term partnership with Sodimac.

Strengthening the B2B and MRO segment

The central aim of the acquisition is to enhance Sodimac’s industrial supply offering, a segment distinct from home improvement and construction, which have traditionally been its strengths. Pedro Gallón, general manager of Sodimac Colombia, highlighted the complementarity of the two companies: “Few companies understand the industry’s maintenance and operations needs as well as Sumatec, and we bring scale and backing. Combining these capabilities will allow us to provide more companies across the country with reliable solutions for their day-to-day operations. We are pleased that a family-owned company with such a strong track record is joining our group of companies.”

For his part, Alejandro Arze, general manager of home improvement at Grupo Falabella (which owns Sodimac), explained that the transaction is part of the group’s regional growth strategy. He said the acquisition will allow them to strengthen Venta Empresa, a strategic customer segment for Sodimac, by adding capabilities and experience that complement those of the company and, at the same time, creating opportunities for synergies in sales, operations and costs.

Brand and operational continuity

A fundamental aspect of the agreement is that Sumatec will continue operating under its own brand. The company, headquartered in Manizales, will retain its commercial identity and team, while Sodimac Colombia works with it to drive the business’s development. This decision is intended to minimize disruption for current customers and build on the trust Sumatec has established in the market.

Óscar Villegas, representative of Grupotec S.A.S., expressed the founding family’s satisfaction with this new chapter. He said they found in Sodimac a partner that shares their vision of service, growth and business development. He added that it is important to the family to remain part of Sumatec’s story alongside a partner with the experience and capabilities to support the company through a new stage, opening a chapter of growth grounded in the same commitment to service that has distinguished it since its founding in Manizales.

Scope and structure of the transaction

The transaction did not disclose the exact value or the specific percentage of the stake acquired by Sodimac. However, it was specified that Sumatec has 14 points of sale across 11 Colombian cities, including Barrancabermeja, Barranquilla, Bogotá, Bucaramanga, Cali, Cartagena, Ibagué, Manizales, Villavicencio, Medellín and Pereira.

Sodimac Colombia, which has operated in the country for more than three decades under the Homecenter Sodimac Corona format (with Corona as majority partner), currently has 42 physical points of sale. Adding Sumatec will allow the chain to expand its coverage and strengthen its position against competitors such as Easy (part of the Cencosud group) and other wholesalers specializing in the hardware and corporate sectors.

Implications for the market

This acquisition positions Sodimac as a stronger player in the industrial technical supplies market, a sector that requires specialized, highly reliable solutions. Combining Sumatec’s local experience with Sodimac’s scale and backing could result in a more competitive offering for Colombian companies seeking suppliers able to meet their day-to-day operational needs efficiently and to a high standard.

The transaction also reflects the trend among large retail chains to diversify their portfolios and enter B2B (business-to-business) segments more deeply, leveraging their logistics and commercial infrastructure to offer integrated solutions to corporate customers.

Sources and methodology

  1. Homecenter Sodimac Colombia adquiere participación ... ↗www.larepublica.co
  2. Homecenter Sodimac adquiere la mayoría accionaria de Sumatec para expandirse en el negocio industrial ↗Forbes Colombia
  3. Homecenter Sodimac compra la mayoría de Sumatec y se ... ↗www.portafolio.co
  4. Sodimac Colombia adquiere participación mayoritaria en ... ↗www.latercera.com
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