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 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.
Approval of the French Competition Authority
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.