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 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 This report is for subscribers only. Learn more about subscriptions here.If you are a subscriber, please log in. This document was generated for Other research you may be interested in: US Consumer Tracker: Consumers Move Grocery Shopping OnlineJune 2023 US Retail Sales: Higher Wages and Slower Inflation Drive Moderate Retail Sales GrowthMay 2023 US Retail Sales: Resilient Consumers Drive Retail Sales GrowthShoptalk Europe 2023 Day Three: Retail Media and Technology Take Center Stage
