Carrefour to Buy Codifrance
French supermarket chain Carrefour has agreed to acquire local food retail company Codifrance from Colruyt Group for 152 million euros. The transaction is expected to be finalized in the first half of 2027.
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CARREFOUR SA agreed to buy Codifrance from COLRUYT GROUP N.V for €152 million ($171 million) in a cash deal announced on Monday. The acquisition expands the French supermarket chain's local food retail footprint across France. The transaction represents a strategic push by Carrefour to consolidate smaller-format grocery distribution networks.
