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Carrefour To Acquire Cora and Match Banners in $1.2 Billion Deal

What's Inside

Louis 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

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