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Announced

Carmila to acquire a 93% stake in Galimmo in a €294m.

Synopsis

Carmila, a retail property company, agreed to acquire a 93% stake in Galimmom, a real estate trading services company, in a €294m. “The acquisition of Galimmo represents a major milestone for Carmila and marks a further advancement in our longstanding partnership with Carrefour. Building on our experience and success in transforming sites alongside Carrefour hypermarkets, our goal is to capitalize on the potential of the ecosystem across a broader and complementary geographical footprint. This project will create value for Carmila and strengthen our relationships with tenant retailers," Marie Cheval, Carmila Chairman and CEO.

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