The Casino Group disclosed that its Board of Directors greenlit a pre-agreement with Grupo Calleja, the dominant grocery retailer in El Salvador. This agreement pertains to the sale of Casino Group’s 34.05% equity in Almacenes Éxito S.A., effectively making an offer to Grupo Calleja to acquire 100% of Éxito Group’s shares, pending a successful acquisition […]
Ocado Group and French mass-market retail group Groupe Casino plan to create a new exclusive joint venture (JV) to support the development and management of single or multi-tenanted customer fulfilment centers (CFCs) in France. In this connection, the British retail company has signed a memorandum of understanding (MOU) with Groupe Casino. The companies already have […]
French retail company Casino Group has agreed to sell three warehouses and 567 Leader Price stores in France to German discount supermarket chain Aldi’s subsidiary Aldi France in a deal worth €735 million. The consideration includes a €35 million earn-out, which will be paid in the case of compliance with operational indicators during a transition […]
French retailer Casino Group has agreed to offload its subsidiary Vindemia, a major retailer in the Indian Ocean territories – Reunion Island, Mayotte, Madagascar, and Mauritius, to GBH for €219 million as per the latest retail industry news. Vindemia was established in Reunion Island in 1972. It was acquired gradually by Casino Group between 2001 […]