This acquisition will enable Carrefour to accelerate the development of its presence in the specialised distribution of organic products in urban centres.
Carrefour paid €60M and Bio C’Bon has developed a very attraction specialised distribution network, combining a contemporary store concept and an offer adapted to urban centres in prime location. The Bio C’Bon network thus strengthens the specialised organic store division following the acquisition of So.bio in April 2013 and BioAzur, acquired in 2020.
This strengthening in the organic stores comes in parallel with expansion in digital organic offering, with the acquisitions of Greenweez (2016), Planeta Huerto in Spain (October 2018) and Sorgente Natura in Italy (October 2019).
This transaction was subject to an exemption from the suspensive effect of control on concentrations and will be subject to review by the Competition Authority in the coming weeks.
This transaction illustrates Carrefour Group’s policy of targeted acquisitions, an engine of growth and value creation, following the recent acquisitions of 30 Makro stores in Brazil, Wellcome in Taiwan and Supersol in Spain.
