Carrefour Signs an Agreement with Eroski to Acquire 36 Stores in Spain
February 29 2016 - 2:31AM
Business Wire
Regulatory News:
The Carrefour Group (Paris:CA) announces it has signed an
agreement with the Eroski Group to acquire 36 compact hypermarkets
with a total sales area of 235,000 square meters, as well as 8
shopping malls and 22 gas stations adjacent to the stores.
This acquisition would allow Carrefour to grow its store network
and gain a presence in 27 new cities while strengthening its
position in the food segment. Carrefour is thus continuing its
multi-format, omni-channel expansion for the benefit of its
clients. The acquisition of these stores is subject to conditions,
including approval by the relevant antitrust authorities.
About Carrefour Spain
Present in Spain since 1973, Carrefour has more than 41,000
employees in the country and operates 173 hypermarkets, 126
supermarkets, 419 Express, 123 gas stations and 656 travel agencies
(as of 31/12/2015).
About Carrefour Group
A multi-local, multi-format and omni-channel retailer, Carrefour
employs more than 380,000 people globally. With 12,300 stores in 35
countries, the group generated revenues of €104.4 billion under
banners in 2015. As a partner for daily life, Carrefour welcomes
every day more than 12.5 million customers around the world.
Carrefour is committed through its daily actions to sustainable
and responsible trade. The Group's Corporate Social Responsibility
approach is built on three pillars: fighting waste in all its
forms, protecting biodiversity and working alongside the company's
partners.
For more information: www.carrefour.com, @CarrefourGroup on
Twitter
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