Carrefour Buys Codifrance, Which Supplies More than 3,000 Supermarkets in France
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8 Articles
Carrefour announced the acquisition of Codifrance, a subsidiary of the Belgian Colruyt, which supplies more than 3,000 surrettes in France, including Coccinelle and CocciMarket. The operation, valued at 152 million euros, is to be finalised in the first half of 2027.
Carrefour will acquire French company Codifrance from Belgium's Colruyt Group for 152 million euros. The deal is expected to be finalised in the first half of 2027, but before that, it must obtain approval from the French competition authority and the remaining normal terms of the transaction must be met. Colruyt Group also points out that consultation with employee representatives is necessary. Codifrance supplies around 3100 customers in Franc…
The French giant wants to buy Codifrance, a subsidiary of the Belgian group that supplies some 3,000 local shops in France. ...
Carrefour is preparing another acquisition in the French retail market. The chain has submitted a binding offer to purchase Codifrance, the wholesale business of the Belgian Colruyt group. The bid is worth €152 million, or approximately PLN 650 million. According to the French website LSA Conso, the transaction is intended to help Carrefour further consolidate the market.
Colruyt Group received a firm offer from Carrefour for the sale of its French wholesale company Codifrance. Following exclusive negotiations, Carrefour offers a total price of 152 million euros, payable in cash, writes European Supermarket Magazine.
The announcement takes place in the middle of a weekend of major protests in France, motivated by the cost of living and proposals for cuts in public spending
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