Carrefour acquires 53 Billa supermarkets in Italy
Carrefour announces today the acquisition of 53 supermarkets under the Billa banner from the Rewe Group. Located in three regions of northern Italy, Lombardy, Liguria and the Aosta Valley, and with a combined sales area of 58,000 m², the stores generated net sales of around 300 million euros in 2013.
This acquisition, consistent with Carrefour’s multiformat strategy, will allow Carrefour to strengthen its presence in northern Italy.
The completion of the transaction is subject to the approval of the relevant antitrust authorities and consultations with Billa’s employee representative bodies.
About Carrefour Group
The world’s second-largest retailer and the biggest in Europe, Carrefour Group employs 365,000 people. Present in 34 countries with more than 10,000 stores, Carrefour posted total 2013 sales of €100.2 billion under banners. A multi-local, multi-format and multi-channel retailer, Carrefour is a partner to everyday life. It serves around 10 million customers daily throughout the world, offering a wide variety of products and services at the right price.
About Carrefour Italia
With strong regional positions, Carrefour operates 1,116 stores in Italy including 57 hypermarkets, 407 Market supermarkets, 633 Express convenience stores and 19 Docks Market and Grossiper cash and carry stores. For more information: www.carrefour.it