Tesco PLC Tesco and Carrefour agree not to extend alliance (9482A)
June 07 2021 - 2:30AM
UK Regulatory
TIDMTSCO
RNS Number : 9482A
Tesco PLC
07 June 2021
7 June 2021
Tesco PLC
TESCO AND CARREFOUR AGREE NOT TO EXTEND ALLIANCE
Tesco and Carrefour have today confirmed that they have decided
not to extend their Purchasing Alliance beyond the three-year
operational framework agreed in 2018, and the Alliance will
formally end on 31 December 2021.
Over the last three years, Tesco and Carrefour have benefited
from a number of joint buying opportunities across food and general
merchandise categories, enabling access to new suppliers, new
sources and new products. Moving forward, both companies have
agreed that they will continue this work independently and focus on
their own opportunities, building on the experience and the
progress made during the Alliance period.
Tesco contacts:
Investor relations Chris Griffith +44 (0) 1707 940 900
Media Christine Heffernan +44 (0) 330 678 0639
Carrefour contacts:
Sébastien Valentin,
Anthony Guglielmo
and
Investor Relations Antoine Parison +33 (0)1 64 50 79 81
Shareholder Relations 0 805 902 902 (toll-free in France)
Group Communication +33 (0)1 58 47 88 80
Tesco PLC's LEI number is: 2138002P5RNKC5W2JZ46
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END
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