Who owns Wells?
Wells is owned by Sonae (Portugal, Euronext Lisbon: SON).[1]
Sonae owns 75% of Wells rather than all of it.
This ownership is reported in official statements but has not yet been matched to a regulatory filing.
Key facts
- Current owner
- Sonae, SGPS, S.A. (75% stake) reported
- Owned since
- Not recorded
- Previous owner
- None recorded
- Owner HQ
- 🇵🇹 Portugal, Maia
- Origin
- 🇵🇹 Portugal
- Category
- Home, garden & DIY › Retailer own brands › General merchandise own brands
- Parent ticker
- Euronext Lisbon: SON
- Last verified
- · 1 sources
About Wells
Wells is the Portuguese health and beauty chain inside MC, selling cosmetics, parapharmacy lines and optical services. It opened eight stores in 2025, including its largest flagship in Chiado, one of Lisbon's most prominent retail streets, and grew its optical segment through eight new standalone shops. It is one of three banners in the Iberian health and beauty platform Sonae has built alongside Druni and Arenal.
Ownership timeline of Wells
Where Wells sits in Sonae
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
Open the full Sonae ownership tree →
Other brands owned by Sonae in home, garden & diy
Latest news about Wells
No tagged news items yet. Deals, regulatory actions and recalls are added from SEC filings, regulators and trade press; only titles and links are stored.
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Frequently asked questions
Who is the parent company of Wells?
The parent company of Wells is Sonae, a publicly listed company headquartered in Portugal.
Is Wells Portuguese?
Yes. Wells originated in Portugal and its owner, Sonae, is also headquartered in Portugal.
Is Wells still owned by Sonae?
Yes. As of 20 September 2026, Wells is still owned by Sonae (75% stake). The ownership record was last checked against primary sources on that date.
Sources (1) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] Sonae Integrated Annual Report 2025 — Sonae, SGPS, S.A., Annual report, published 1 April 2026; retrieved 20 September 2026.
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