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  5. Carrefour Acquires Hebei Baolongcang Group Co.

M&A Deal Summary

Carrefour Acquires Hebei Baolongcang Group Co.

On July 19, 2010, Carrefour acquired retailer Hebei Baolongcang Group Co.

Acquisition Highlights
  • This is Carrefour’s 4th transaction in the Retail sector.
  • This is Carrefour’s 1st transaction in China.

M&A Deal Summary
Date 2010-07-19
Target Hebei Baolongcang Group Co.
Sector Retail
Buyer(s) Carrefour
Deal Type Add-on Acquisition

Target

Hebei Baolongcang Group Co.

Shijiazhuang, China
Hebei Baolongcang Group Co., Ltd. is a privately held company operates a supermarket chain.

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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 4 of 20
Sector: Retail M&A 4 of 11
Type: Add-on Acquisition M&A Deals 4 of 13
Country: China M&A 1 of 4
Year: 2010 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-11-03 Artima Retail Investment Company S.A.

Timisoara, Romania

Artima Retail Investment Company S.A. is a supermarket chain, which operates 21 stores.

Buy €55M
FOLLOWING 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 -
Mergr

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