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Written by Maarten Reul
In this article
  • Companies Carrefour
  • Topics Acquisition
  • Geography Poland
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Carrefour denies rumours about sale of Polish branch

iconFood25 May, 2022

Carrefour denies that it would have sold its Polish supermarkets to investment fund Mid Europa Partners. Polish media had reported that news on Wednesday morning. The French supermarket group is recording good growth figures in Poland.

Rumours

Several Polish media reported on Wednesday morning that a sales agreement was reached with Mid Europa Partners. That investor is also shareholder of the Polish e-commerce platform Allegro.

In addition, a second buyer was said to be involved: a real estate fund of Griffin Capital Partners showed interest in the real estate of the supermarket group. According to website Dlahandlu, talks with Mid Europa Partners have been going on since this autumn.

Still going strong

However, Carrefour denies the rumours: to RetailDetail, the retailer says it is not selling the Polish division. For that matter, Carrefour is not doing badly at all in Poland: in the first quarter of 2022, the chain recorded a comparable sales growth of 5.5 %.

Carrefour CEO Alexandre Bompard has been working on a strategic review of his store network for a while: the CEO has also started looking for a buyer for the activities in Taiwan, but no concrete deal has emerged yet. More recently, Carrefour left the Slovakian market, while the French group will close 106 of its own stores in Italy. In Belgium, the retailer lost his largest franchisee due to the break-up with Mestdagh.

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Carrefour denies that it would have sold its Polish supermarkets to investment fund Mid Europa Partners. Polish media had reported that news on Wednesday morning. The French supermarket group is recording good growth figures in Poland.

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