Max Stock set to form joint venture with Fortera Properties
The JV company will establish and manage a chain of Max Stock stores in Portugal and Spain.

The JV company will establish and manage a chain of Max Stock stores in Portugal and Spain.
The acquisition aims to ensure the brand’s future continuity and growth in Spain and Portugal.
The company’s first local e-commerce site in Spain is due to become active later this month.
The company’s sales increased by 17% on a constant currency basis between 1 May and 5 June.
The company is offering a full seven-day money-back guarantee and one-year warranty in the country.
The company's store and online sales between 1 February and 13 March increased by 33% from a year earlier.
The investment will support Uvesco’s growth plans and acquisition strategy.
Deporvillage generated $140m in revenue and delivered a profit before tax of $9.1m in the year ending on 31 December.