On 18 August Sonae– Sociedade Nacional de Estratificados was founded
Sonae hires Belmiro de Azevedo
Sonae diversifies by acquiring NOVOPAN (particle board manufacturing unit and additional investments aimed at coated particle board production
Workers go on strike against attempt to nationalise Sonae.
Diversification: establishment of companies in Construction (Contacto), restaurant and hotel management (Ibersol
Sonae and Promodès go into a joint venture to renew the distribution and retail business
Sonae Investimentos, SGPS, SA is founded as a holding company and Sonae enters the capital market with a stock market capitalisation value of 500,000 (thousands of Portuguese Escudos or approximately €2.5 M)
Acquisition and modernisation of Agloma (largest particle board manufacturer in the county
Sonae UK, Ltd is created
Opening of the 1st hypermarket in Portugal, the Continente in Matosinhos. This was the moment Sonae Distribuição began its activity, the result of the joint venture between Sonae and Promodès.
Opening of the Porto Sheraton Hotel (now Porto Palácio Hotel
Initial Public Offerings (IPOs) were launched for seven of the Group companies. The market’s reaction was positive: for five of the seven IPOs, demand exceeded supply
Acquisition of Spanboard (Ireland), a building materials manufacturer company
Sonae Imobiliária (Real Estate) begins its activity and the first two shopping centres open their doors – Portimão and Albufeira
Rádio Nova begins broadcasting, in the Group’s first incursion into journalism.
Launch of Público: the first nationwide daily newspaper
Investment in specialised retail by launching several brands: Modalfa, Maxmat, Max Office, Sport Zone, Worten…
Sonae Indústria acquires management control of Tafisa (one of the biggest groups in the wood-based panels sector in Spain
Sonae is the 1st Portuguese company to be represented in the WBCSD (World Business Council for Sustainable Development
Opening of Solinca Health Clubs
Opening of the Colombo Shopping Centre, the biggest in the Iberian Peninsula
Acquisition of Torralta (Tróia
Sonae Indústria acquires 85% of Glunz AG
Sonaecom listed on the Lisbon Stock Exchange (IPO
Sonae Imobiliária renamed Sonae Sierra
Spin off of Sonae Indústria
Sonaecom launched a takeover bid for PT and PT Multimedia
Changes in the management structure: Belmiro de Azevedo becomes Chairman of Sonae and Paulo Azevedo becomes Executive Chairman
Acquisition of Carrefour Portugal
Spin off of Sonae Capital
Celebration of the company’s 50th anniversary and book launch: Sonae 50 Years Ahead
Introduction of Sonae’s new corporate strategy and reorganisation of business areas
Implementation of new corporate identity
Merger between Zon and Optimus gives rise to the NOS brand
Acquisition of Losan.
Sonae subscribes "Paris Pledge for Action".
Belmiro de Azevedo announces his decision not to run as candidate to be a member of Sonae's Board of Directors.
Election of Paulo de Azevedo as Sonae's Chairman and Co-CEO and Ângelo Paupério as Sonae's Co-CEO.
Sonae FS launches Universo Card.