Insight Report 4 minutes PremiumCarrefour To Acquire Cora and Match Banners in $1.2 Billion Deal Sujeet Naik, Analyst Sector Lead: Anand Kumar, Associate Director of Retail Research July 17, 2023 What's InsideLouis Delhaize has agreed to sell its French banners, Cora and Match, to Carrefour for $1.2 billion. We discuss how this move will bolster the company’s position in the competitive French grocery retail sector. Data in this research report are: Cora and Match’s store fleet, average selling area, net sales, EBITDA and EBITDA margin in 2022 French grocery market share by retailer, as of June 11, 2023 Companies mentioned in this research report are: Carrefour, Cora, E.Leclerc, Louis Delhaize, Match Other relevant research: Carrefour 2026 Strategic Plan: Boost Private Label, Discount Formats and Sustainability European Grocery Retail Dynamics Amid Broader Inflationary Trends Market Navigator: US Grocery Retailing—Exploring Growth, Inflation, Competition, Trends and Strategies Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: September 2023 US Housing Market Indicators: New Residential Construction Starts Drop to Lowest Point in Over Three Years4Q23 US Earnings Season Wrap-Up: Many Companies Report Better Performances Following the Holiday SeasonMarket Navigator: US Department Stores—Softness Ahead Despite Opportunities in Experiences and Alternative Models3Q22 US Retail Inventory Tracker: Most Retailers See Inventory Growth Slow
