2023-07-12 17:14:49
Carrefour has reached an agreement with the Belgian group Louis Delhaize “for the acquisition of the Cora and Match brands in France”, a transaction “which is expected to be finalized in the summer of 2024”, announced the retail giant on Wednesday evening.
The transaction “values the assets acquired on the basis of an enterprise value of 1.05 billion euros”, specifies Carrefour. Cora and Match operate “respectively 60 hypermarkets and 115 supermarkets” and employ 24,000 people in France. The operation “includes the acquisition of the walls of 55 hypermarkets and 77 supermarkets”, says Carrefour once more.
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