Carrefour Plans to Acquire Cdiscount for $170 Million
Qiyas summary
Carrefour announces acquisition of Cdiscount from Klépierre for 152 million euros
Translated by Qiyas from الجريدة — Original source
French retail giant Carrefour announced on Monday that it has agreed to acquire Ready-to-Eat Food Distributor Codifrance from Belgian company Colruyt for 152 million euros ($170 million).
In a statement, the company said, “This acquisition aligns perfectly with the implementation of Carrefour 2030 strategy,” adding that the deal will allow Carrefour to leverage Codifrance’s customer base, logistics infrastructure, and expertise.
The transaction is expected to be completed in the first half of 2027.
