Please be informed that Tiendas Soriana and Gigante have reached an agreement whereby as of January 1, 2008, Tiendas Soriana acquires the operations of 198 self-service branches known as Gigante, Bodega Gigante, Súper G and Súper Maz, as well as the ten existing distribution centers of Gigante in México. This operation has been duly authorized by the Federal Competition Commission.
This enables us to incorporate nearly 25,000 new collaborators into the Soriana Family, who will add their experience and good working practices to our organization.
We herein extend our warmest welcome to the suppliers of Gigante joining Tiendas Soriana, and we offer to cooperate with you so that by joining forces and working experiences we may continue to do business together.
This operation will enable You and Us, to obtain great benefits for our businesses, so we invite you to join our efforts to maximize those benefits and obtain them as soon as possible.
This will also bring forth our large number of new challenges. However, with your valuable experience and collaboration, we are certain to overcome them.
In the attached document Operación Gigante (Operations of Gigante), we have informed you of the guidelines to be met with respect to the operations of Gigante stores beginning on January 1, 2008.
Thank you in advance for your time. Please be aware of communications we shall be sending you in this regard through the portals of Tiendas Soriana and Gigante.