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  5. Carrefour Acquires Chongqing Carrefour Commercial Co.

M&A Deal Summary

Carrefour Acquires Chongqing Carrefour Commercial Co.

On June 24, 2011, Carrefour acquired retailer Chongqing Carrefour Commercial Co.

Acquisition Highlights
  • This is Carrefour’s 7th transaction in the Retail sector.
  • This is Carrefour’s 4th transaction in China.

M&A Deal Summary
Date 2011-06-24
Target Chongqing Carrefour Commercial Co.
Sector Retail
Buyer(s) Carrefour
Deal Type Add-on Acquisition

Target

Chongqing Carrefour Commercial Co.

Chongqing,, China
Chongqing Carrefour Commercial Co., Ltd. owns and operates hypermarkets.

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Buyer(S) 1

Buyer

Carrefour

Massy, France
Category Company
Founded 1959
Sector Retail
Employees324,750
Revenue 87.3B EUR (2024)
DESCRIPTION

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.

DEAL STATS #
Overall 7 of 20
Sector: Retail M&A 7 of 11
Type: Add-on Acquisition M&A Deals 7 of 13
Country: China M&A 4 of 4
Year: 2011 M&A 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-06-24 Guangzhou Jiaguang Supermarket Co.

Guangzhou,, China

Guangzhou Jiaguang Supermarket Co., Ltd. operates supermarket chains in China.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-07-01 Norfin Holder S.L.

Alcobendas,, Spain

Norfin Holder S.L. operates as a distributor. The company is based in Alcobendas, Spain.

Buy €2.4B
Mergr

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