The global retail giant Carrefour Group acquires France based organic food leader Bio c Bon banner. The Paris Commercial Court has validated the Carrefours deal.
- This transaction will strengthen the group’s ambition to become the leader in organic food and the food transition for all.
- This acquisition will enable Carrefour to accelerate the development of its presence in the specialized distribution of organic products in urban centers, a growing sector.The major expansions and deals by Carrefour are mentioned below:
Aug 2020: To strengthen in Spain Carrefour had announced an agreement to acquire 172 stores under the Supersol banner. Carrefours with this deal strengthen its number two position in the country.
June 2020: Carrefour had entered into an agreement with Hong Kong based Dairy Farm to acquire Wellcome Taiwan, consolidating its position as the leading multi-format food retailer in South East Asian market.
In April 2020, In response to COVID-19 pandemic Carrefour join forces with Uber Eats to meet Frances grocery needs. As per agreement the service will start with around fifteen Carrefour stores in Paris and the Paris region and will then be rolled out nationwide.
February 2020, Carrefour announced partnership with global nutrition company Nestlé to help parents to give their children a healthier and more sustainable food, and promote the consumption of fruits and vegetables on a daily basis.
February 2020, Grupo Carrefour Brasil had signed an agreement with Makro Atacadista SA to acquire 30 Cash & Carry stores in Brazil, accelerating the expansion of its growing Atacadão format. The acquisition involves 30 stores (including the real estate of 22 of those, which are fullyowned, and another 8 rented stores) and 14 gas stations, located in 17 states across Brazil
January 2020, The Carrefour Group had opened its first hypermarket in Uganda, Kampala capital city. The Group is establishing a foothold in this new country through its Partnership with the Majid Al Futtaim Group, which has been partnering Carrefour in more than 25 countries in the Middle East, Africa and Asia.
Carrefour is one of the leading food retail company, headquartered in Boulogne Billancourt, France. Carrefour operates more than 12,300 stores and e-commerce sites in more than 30 countries. Carrefour is a multi-local, multi-format and omni-channel retail Group that employs more than 380, 000 people worldwide.