M&A Deal Summary

Carrefour Acquires Norfin Holder S.L.

On July 1, 2011, Carrefour acquired distribution company Norfin Holder S.L. from DIA for 2.4B EUR

Acquisition Highlights
  • This is Carrefour’s 1st transaction in the Distribution sector.
  • This is Carrefour’s largest (disclosed) transaction.
  • This is Carrefour’s 1st transaction in Spain.

M&A Deal Summary
Date 2011-07-01
Target Norfin Holder S.L.
Sector Distribution
Buyer(s) Carrefour
Sellers(s) DIA
Deal Type Divestiture
Deal Value 2.4B EUR

Target

Norfin Holder S.L.

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

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Buyer(S) 1

Buyer

Carrefour

Massy, France
Category Company
Founded 1959
Sector Retail
Employees305,309
Revenue 84.9B EUR (2023)
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 8 of 20
Sector (Distribution) 1 of 2
Type (Divestiture) 1 of 4
Country (Spain) 1 of 1
Year (2011) 4 of 4
Size (of disclosed) 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-06-24 Guangzhou Jiaguang Supermarket

Guangzhou,, China

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

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-10-31 Magnificient Diagraph Sdn Bhd. and Carrefour Malaysia Sdn Bhd.

Kuala Lumpur, Malaysia

Magnificient Diagraph Sdn Bhd. and Carrefour Malaysia Sdn Bhd. represents the combined operations for Aeon Co., Ltd,company engages into General retailing through hypermarket and other directly related activities.

Sell €147M

Seller(S) 1

SELLER

DIA

Las Rozas, Spain
Category Company
Founded 1966
Sector Retail
Revenue 8.0B EUR (2014)
DESCRIPTION

DIA is a specialist discount food retailers. It operates in five countries, Spain, Portugal, Brazil, Argentina and China, where it operates with more than 7,000 stores through its key formats: DIA Market, DIA Maxi, DIA Fresh, Clarel, Schlecker, El Arbol and Minipreço. DIA was founded in 1966 and is based in Las Rozas, Spain.

DEAL STATS #
Overall 1 of 1
Sector (Distribution) 1 of 1
Type (Divestiture) 1 of 1
Country (Spain) 1 of 1
Year (2011) 1 of 1
Size (of disclosed) 1 of 1
Mergr

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