Pague Menos is a Brazilian drustore chain, founded in 1981 and headquartered in Fortaleza

Fortaleza

Fortaleza is the state capital of Ceará, located in Northeastern Brazil. With a population close to 2.5 million , Fortaleza is the 5th largest city in Brazil. It has an area of and one of the highest demographic densities in the country...

, has 401 stores located in all Brazilian States and the Federal District, being the fourth biggest drugstore chain by number of stores and the third by revenue in Brazil, after Drogarias DPSP

Drogarias DPSP

Drogarias DPSP is the largest drugstore company in Brazil and in Latin America. The company was founded in 2011 through the merger of Drogaria São Paulo, headquartered in São Paulo and Drogaria Pacheco headquartered in Rio de Janeiro, currently the company is headquartered in São Paulo.The company ...

 and Raia Drogasil

Raia Drogasil

Raia Drogasil is the second largest drugstore company in Brazil and in Latin America. The company was formed in 2011 from the merger of drugstore companies Droga Raia and Drogasil...

.

Pague Menos is part of the largest networks of drugstores in Brazil, along with its competitors Drogarias DPSP

Drogarias DPSP

Drogarias DPSP is the largest drugstore company in Brazil and in Latin America. The company was founded in 2011 through the merger of Drogaria São Paulo, headquartered in São Paulo and Drogaria Pacheco headquartered in Rio de Janeiro, currently the company is headquartered in São Paulo.The company ...

, Raia Drogasil

Raia Drogasil

Raia Drogasil is the second largest drugstore company in Brazil and in Latin America. The company was formed in 2011 from the merger of drugstore companies Droga Raia and Drogasil...

 and Brazil Pharma fight for market leadership both by revenue and by number of stores.

Currently Pague Menos is a privately held company, but wait for an IPO in 2012 on São Paulo Stock Exchange.