
France’s supermarket giant Carrefour has received approval from the country’s antitrust authority to acquire the French business of Belgian retailer Louis Delhaize. However, the clearance comes with a key condition: Carrefour must sell eight stores to competitors, according to Reuters.
Per Reuters, Carrefour announced in a separate statement that it will initiate discussions with potential buyers to offload five hypermarkets and three supermarkets, which together generate sales exceeding 300 million euros. The company aims to complete these divestments by the end of 2025.
The acquisition deal grants Carrefour control over the Cora and Match store chains in France, as well as the Provera purchasing unit. Carrefour has reaffirmed its ambition to achieve synergies amounting to 130 million euros from the transaction by 2027.
Related: Grocery Giant Ahold Delhaize’s Cyber Incident Signals Wider Digital Achilles’ Heel
According to Reuters, this strategic move strengthens Carrefour’s footprint in France’s highly competitive retail landscape, further consolidating its market position while meeting regulatory requirements.
Source: Reuters
Featured News
Belgian Authorities Detain Multiple Individuals Over Alleged Huawei Bribery in EU Parliament
Mar 13, 2025 by
CPI
Grubhub’s Antitrust Case to Proceed in Federal Court, Second Circuit Rules
Mar 13, 2025 by
CPI
Pharma Giants Mallinckrodt and Endo to Merge in Multi-Billion-Dollar Deal
Mar 13, 2025 by
CPI
FTC Targets Meta’s Market Power, Calls Zuckerberg to Testify
Mar 13, 2025 by
CPI
French Watchdog Approves Carrefour’s Expansion, Orders Store Sell-Off
Mar 13, 2025 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Self-Preferencing
Feb 26, 2025 by
CPI
Platform Self-Preferencing: Focusing the Policy Debate
Feb 26, 2025 by
Michael Katz
Weaponized Opacity: Self-Preferencing in Digital Audience Measurement
Feb 26, 2025 by
Thomas Hoppner & Philipp Westerhoff
Self-Preferencing: An Economic Literature-Based Assessment Advocating a Case-By-Case Approach and Compliance Requirements
Feb 26, 2025 by
Patrice Bougette & Frederic Marty
Self-Preferencing in Adjacent Markets
Feb 26, 2025 by
Muxin Li