Partnership Provides Long Term Financing
to Reboucas Supermercado for the expansion of
operations through the coverage of the entire production chain of
wholesale, retail and distribution.
SAN
DIEGO, Nov. 22, 2022 /PRNewswire/ -- ETHOS ASSET
MANAGEMENT INC USA, announced a
new long-term financing partnership with Reboucas
Supermercado, Rio Grande do Norte
State, Brazil. Ethos has
committed to providing significant capital infusion that will
continue for several years.
Carlos Santos, CEO of Ethos Asset
Management Inc, stated,
"We are delighted to be partnering with such a dynamic retail
and wholesale corporation serving the city of Mossoró (Rio Grande
do Norte State). Reboucas focuses on
quality service, well-defined processes and product variety, the
Rebouças network aims at new markets through a bold expansion plan
that involves the creation of logistics branches, a Distribution
Center, new stores aimed at a more select public and a shopping
center in the city of Assú/RN. The history of the Rebouças journey
is impressive beginning in 1992 with the inauguration of the first
business by the founder Mr. José Júnior Maia Rebouça with a small
structure store started with his own capital and the beginning of a
history of entrepreneurship conquered through much sweat and
dedication. We were so inspired by the brilliant Mr. José Rebouça,
that we decided to invest in the expansion project and programme
without reservation. Ethos is pleased to continue with our
investment drive in Brazil."
Mr. José Júnior Maia Rebouça, Founder, CEO, Reboucas
Supermercado Ltda, stated,
"On behalf of all those responsible for Rebouças Supermercados,
we are very pleased to begin our partnership with Ethos Asset, a
company we greatly admire for its professionalism in conducting all
the stages of our process, so that we were able to make our market
expansion project possible in a considerably short time. We are
sure that this is the beginning of a long-term relationship between
Mr. Carlos Santos and our company,
which for over 20 years has been delivering results through
dedication, social and environmental responsibility, and excellence
to our clients."
Mayra Fonseca Couto, Chief
Operating Officer, Ethos, South
America, stated,
"The New Rebolças Supermercados Project idealized and lead by
Mr.José Junior Maia Rebolças will bring great economic and social
benefits to the region, ensuring income and creating jobs. The
Rebolças group is an example to be followed whose investments are
not limited to the expansion of stores and new technologies to
serve and attract more customers but are also focused on human
resources and renewable energy. For Ethos it is a great
satisfaction to have a long-term partner such as is committed to
good practices in relation to the environment and society."
Alexandre Caldas, Ethos
Associate, South
America, stated,
"It is an honor to have Rebouças Supermercados as an Ethos
partner. The way in which José Junior Maia Rebouças manages the
core business of Rebouças Supermercados has had very positive
impacts on the continuous generation of new jobs, exemplary
sustainability policies and social improvement in the surroundings
of its operating bases. This new Rebouças Supermercados Project
will elevate the Northeast of Brazil to a higher level in the domestic
scenario of the retail and logistics sectors."
About Ethos Asset Management Inc:
Ethos Asset Management (Ethos)
is an independent, US-based company with global reach in resource mobilization and project financing.
For more information, please visit
https://www.ethosasset.com.
About Reboucas Supermercado
Ltda:
Rebouças Supermercados is a company with great potential in the
North Rio Grande market. Aiming to always promote the best,
Rebouças Supermercados establishes constant partnerships to provide
excellent purchase conditions and a lower price to its
consumers.
For more information, please visit
https://www.reboucassupermercados.com.br
Mr. José Júnior Maia Rebouças, Founder, CEO, Reboucas
Supermercado Ltda:
Email jjreboucas@reboucassupermercados.com.br
Ethos USA:
Ethos Asset Management INC:
Press Office 349299@email4pr.com
+18585354814
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SOURCE Ethos Asset Management Inc