Intermarché buys Carrefour’s “Market” and “Categorical” shops
“The ABC Auditor has carried out, in shut collaboration with trade gamers, an in-depth evaluation of the aggressive scenario following this focus in a lot of native markets, particularly making an allowance for the gap between the factors of sale of various manufacturers. The School discovered, with the Auditorat, that the focus doesn’t pose severe dangers of serious downside of competitors”, in line with the press launch.
Intermarché (underneath the corporate ITM AB) has 77 factors of sale in Belgium, underneath the identify “Intermarché” and Mestdagh presently operates 89 factors of sale underneath the names “Market” and “Categorical” of Carrefour underneath a franchise settlement concluded between Mestdagh and Carrefour Belgium. This franchise contract was terminated by Mestdagh in December 2021.
The takeover being of European dimension, it had been notified to the European Fee which had lastly thought-about that the ABC was higher positioned to look at the operation.
The acquisition of the Mestdagh group shops by Intermarché was introduced on March 1st. “This operation will make it attainable to represent a major participant within the distribution in Belgium”, had underlined the 2 teams in a press launch.
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