Author: justind25309513

Grupo Carrefour Brasil (“Carrefour Brazil”) confirmed it has completed the previously-announced acquisition of Grupo BIG from Advent International and Walmart Inc. WEBWIRE – Wednesday, June 8, 2022 The Group hence consolidates its strong leadership position across the country, with comprehensive geographical presence across all states. The transaction allows Carrefour to expand in its traditional formats, notably cash & carry and hypermarkets, while extending its footprint in formats in which it had a more limited presence, notably supermarkets. In addition, Carrefour Brazil now operates in a new market segment with the Sam’s Club format, through a license agreement with Walmart. ... Read more