Sonae SGPS, S. A., commonly known as Sonae, is a Portuguese conglomerate with its headquarters in Maia, Portugal. The company was founded in 1959 by Belmiro de Azevedo and started as a small timber company.

Over the years, Sonae has expanded its operations and diversified its portfolio to become one of the largest retail conglomerates in Portugal. Sonae operates in various sectors, including retail, telecommunications, and technology. Its main retail brand is Sonae MC, which operates a portfolio of leading retail brands such as Continente, Well's, and Worten.

Sonae also has a significant presence in the telecommunications industry through its subsidiary, NOS, which offers a range of services including mobile and fixed-line telecommunications, television, and internet. On a global scale, Sonae has expanded its operations through various subsidiaries, joint ventures, and partnerships. One of its noteworthy subsidiaries is Sonae Sierra, a global leader in shopping center development and management.

Sonae Sierra operates in several countries and manages a diverse portfolio of shopping centers. In terms of market position, Sonae is a key player in the Portuguese retail market and ranks among the largest retail groups in Europe. It consistently reports strong global sales and competes with other major players in the retail industry.

Over the years, Sonae has undergone significant growth and transformation. In recent years, the company has focused on digital transformation and innovation to enhance its retail operations. Sonae has also made efforts to expand internationally and strengthen its presence in key markets.

As of the latest information available, Sonae continues to thrive as a leading conglomerate in Portugal. The company remains committed to its core values and strategic objectives, aiming to further innovate and grow in the highly competitive market. In conclusion, Sonae is a Portuguese conglomerate that has grown from a small timber company to a diversified retail and telecommunications group.

With its headquarters in Maia, Portugal, Sonae operates globally through various subsidiaries and partnerships. The company's market position is strong, and it continues to invest in digital transformation and international expansion. Sonae's latest updates and key information can be found on its official website and through reliable news sources