10/07/2025 17:45 |
Press Release – Carrefour announces the signing of agreements for the sale of 9 stores in France, valued at approximately €70 million (1) |
INFORMATION REGLEMENTEE
Press release July 10, 2025
Carrefour announces the signing of agreements for the sale of 9 stores in France, valued at c. €70 million Following the decisions of the French Competition Authority (Autorité de la concurrence – ADLC) approving Carrefour’s acquisition of the Cora and Match banners in France, the Provera purchasing group, and 27 Casino stores, and in line with its commitments to the ADLC, the Group today announces the signing of two agreements for the sale of 9 stores located in areas identified by the ADLC. These include 5 Carrefour hypermarkets (of which 3 former Cora stores and 1 a former Casino store), 2 Carrefour Market stores, 1 Carrefour City store, and 1 Match store. Seven stores will be taken over by Coopérative U: the Carrefour hypermarkets in Publier, Villers-Semeuse, and Hérouville; the Carrefour Market supermarkets in Mercin-et-Vaux and Crouy; the Match supermarket in Nancy XXème Corps; and the Carrefour City in Paris Poissonnière. The stores in Argenteuil and Pavillons-sous-Bois will be taken over by Intermarché. These two transactions remain subject to the approval of the French Competition Authority (ADLC) as well as the usual conditions. They are expected to be completed by the end of the first half of 2026 and represent a total valuation for Carrefour of approximately €70 million. As stated in the press release dated March 13 regarding the ADLC’s decision, Carrefour confirms the financial elements related to the acquisition of Cora and Match in France, including the target of €130 million in synergies by 2027. CONTACTS Investor Relations Sébastien Valentin, Andrei Dragolici and Mathilde Novick +33 (0)1 64 50 82 57 Shareholder Relations 0 805 902 902 (toll-free in France) Group Communication +33 (0)1 58 47 88 80 About Carrefour With a multi-format network of over 15,000 stores in more than 40 countries, the Carrefour Group is one of the world’s leading food retailers. In 2024, Carrefour generated sales of €94.6 billion. Its network of integrated stores employs over 300,000 people, all contributing to making Carrefour the global leader in the food transition for everyone—by providing access to quality food, everywhere, at a reasonable price. Altogether, more than 500,000 people work under the Carrefour banner worldwide. To learn more, visit www.carrefour.com, follow us on X (@news_carrefour) and onLinkedIn (Carrefour). |