Natural Earth's future will be decided in 2016

The produce section confirmed last Friday, 02, the acquisition of paulista network Natural Earth. The operation was approved by Cade, however, values have not been and will not be disclosed, said Antero de Filippo Jain, CEO of the produce section, in an exclusive interview to Cute News Portal. "The two flags will continue operating until at least 2016. For the study to unify them, but until 2016 everything continues as is, "explains CEO. Today, the Natural Earth acts with eight stores in the State capital, since the produce section operates with about of 32 units, one in the Holy Spirit, five in São Paulo and in Rio de Janeiro.
Expansion
To the Natural Earth there will be no expansion of shops in 2016, with possible openings only for 2017, depending on what is decided for the future of the flag, something that should happen until March of next year, according to the Executive. To the South of flag, Antero avail three new stores in Rio de Janeiro, without detailing the chosen regions. In addition to these openings provided for a national expansion will be set by the group, also in next March.
Management
With the acquisition, Antero assumes the Presidency of the two flags. "We assume full management, but two founders of Natural Earth continue as partners of the Organization, since there was acquisition share swap", explains the CEO. This is Luis Valbuena and Alfredo Ruiz. In addition, some network executives paulista continue in the administration.