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New Deal


Announced

Carrefour to acquire Bio c'Bon for $69m.

Financials

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Transaction Value£53m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Domestic

France

Food Retailers and Wholesalers

Private

Pending

supermarkets operator

Single Bidder

Friendly

Acquisition

Synopsis

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Carrefour, a company that operates supermarkets, hypermarkets, cash and carries stores, and e-commerce website, agreed to acquire Bio c'Bon, an owner and operator of supermarkets, for $69m. This acquisition will enable Carrefour to accelerate the development of its presence in the specialized distribution of organic products in urban centers, a growing sector, with a concept that is very complementary to the Group's existing banners.

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