Carrefour Acquires 53 Billa Supermarkets in Italy
June 30 2014 - 11:40AM
Business Wire
Regulatory News :
Carrefour (Paris:CA) announces today the acquisition of 53
supermarkets under the Billa banner from the Rewe Group. Located in
three regions of northern Italy, Lombardy, Liguria and the Aosta
Valley, and with a combined sales area of 58,000 m², the stores
generated net sales of around 300 million euros in 2013.
This acquisition, consistent with Carrefour’s multiformat
strategy, will allow Carrefour to strengthen its presence in
northern Italy.
The completion of the transaction is subject to the approval of
the relevant antitrust authorities and consultations with Billa’s
employee representative bodies.
About Carrefour GroupThe world’s
second-largest retailer and the biggest in Europe, Carrefour Group
employs 365,000 people. Present in 34 countries with more than
10,000 stores, Carrefour posted total 2013 sales of €100.2 billion
under banners. A multi-local, multi-format and multi-channel
retailer, Carrefour is a partner to everyday life. It serves around
10 million customers daily throughout the world, offering a wide
variety of products and services at the right price.For more
information: www.carrefour.com
About Carrefour ItaliaWith strong
regional positions, Carrefour operates 1,116 stores in Italy
including 57 hypermarkets, 407 Market supermarkets, 633 Express
convenience stores and 19 Docks Market and Grossiper cash and carry
stores.For more information: www.carrefour.it
CarrefourGroup Communication Tel: +33 (0) 1 41 04 26
17orInvestor Relations Tel: +33 (0) 1 41 04 26 00
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