Carrefour - M&A Summary and Business Overview

RetailCompany

Carrefour M&A Summary

Carrefour has acquired 20 companies, including 6 in the last 5 years. It has also divested 5 assets.

Carrefour’s largest acquisition to date was in 2011, when it acquired Norfin Holder S.L. for $2.7B. It’s largest disclosed sale occurred in 2019, when it sold Carrefour SA - China Business to Suning.com for $699M. Carrefour has acquired in 9 countries. The Company’s most targeted sectors include retail (55%) and internet software and services (25%).

Carrefour Business Overview

Where is Carrefour headquartered?

Carrefour is headquartered in Massy, France.

What is Carrefour’s revenue?

Carrefour disclosed revenue of 83,088M EUR for 2022 and 74,287M EUR for 2021.

How many employees does Carrefour have?

Carrefour has 215,834 employees.

What sector is Carrefour in?

Carrefour is a retail company.

When was Carrefour founded?

Carrefour was founded in 1959.

M&A Summary

  • M&A Total Activity25
    • M&A Buy Activity20
    • M&A Sell Activity5
  • Total Sectors Invested 5
  • Total Countries Invested 9
  • M&A Buy/Sell Connections 11

Carrefour

Carrefour SA

93, avenue de Paris,
Massy, 91300
France,
+33 1 64 50 50 00
www.carrefour.com

Carrefour is a global food retailer. The Company operates more than 12,000 stores located in 29 countries. Carrefour was founded in 1959 and is based in Massy, France.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (1.0/yr) # 15 3 1 1 - - 20
vol $4.8B $4.8B
Sell (0.4/yr) # 3 1 - 1 - - 5
vol $864M $338M $1.2B
  25

Most Recent M&A

Company Date Value Type
Cajoo Technology SAS 2022-05-16 - Divestiture
Paris, France · www.cajoo.eu
Flink SE 2022-05-16 - Stake Purchase
Berlin, Germany · www.goflink.com
Cajoo Technology SAS 2021-07-28 - Stake Purchase
Paris, France · www.cajoo.eu
Market Pay 2020-10-30 338M EUR Divestiture
Evry-Courcouronnes, France · www.marketpay.eu
Wellcome Taiwan 2020-06-02 - Divestiture
Taipei City, Taiwan · www.wellcome.com.tw
Potager City SAS 2020-01-20 - Add-on Acquisition
Toussieu, France · www.potagercity.fr
DejBox Services SAS 2020-01-06 - Add-on Acquisition
Marcq-en-Baraeul, France · www.dejbox.fr
Ewally 2019-10-02 - Stake Purchase
São Paulo, Brazil · www.ewally.com.br
Carrefour SA - China Business 2019-06-23 699M EUR Divestiture
, China
So.bio 2018-07-18 - Add-on Acquisition
Bordeaux, France · www.sobio-etic.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Retail 11 (55%) 1.4B (30%) 3 (60%) 864M (72%)
Internet Software and Services 5 (25%) - 1 (20%) -
Distribution 2 (10%) 3.4B (70%) - -
Information Technology 1 (5%) - 1 (20%) 338M (28%)
E-Commerce 1 (5%) - - -
Total 20 $4.8B 5 $1.2B

By Geo

State/Country Buy Value Sell Value
France 7 676M 3 338M
China 4 - 1 699M
Brazil 2 930M - -
Poland 2 423M - -
Germany 1 - - -
Italy 1 - - -
Malaysia - - 1 166M
Romania 1 62M - -
Spain 1 2.7B - -
Taiwan 1 - - -
Domestic 7 (35%) 676M (14%) 3 (60%) 338M (28%)
Cross-border 13 (65%) 4.1B (86%) 2 (40%) 864M (72%)
Total 20 $4.8B 5 $1.2B

Deal Values

buy # Total
> $1B 1 $2.7B
$100M to $1B 3 $2.0B
< $100M 1 $62M
TOTAL $4.8B
Largest Norfin Holder S.L.
$2.7B (2011-07-01)
sell # Total
$100M to $1B 3 $1.2B
TOTAL $1.2B
Largest Carrefour SA - China Business
$699M (2019-06-23)

M&A Connections

Deals
Acquired from
Strategic(s)
20%
4 (20%)
Divested to
Investor(s)
40%
2 (40%)
Strategic(s)
60%
3 (60%)

Company Summary

SECTOR

Retail

Revenue

83,088   12% 2022
74,287   3% 2021
72,150   3% 2020
74,142   5% 2019
77,916   4% 2018
80,975   2017
(millions of EUR) Show More Show Less

Employees

215,834

Established

1959

Public

Euronext: CA

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