Carrefour acquires 129 EKI stores in Argentina, including 110 convenience stores, 19 small supermarkets, subject to regulatory approval
June 15, 2012
– Carrefour reinforces its leading position in Argentina with the acquisition of 129 EKI convenience stores
Carrefour announces the acquisition of 129 EKI stores by Carrefour Argentina including 110 convenience stores and 19 small supermarkets.
With this acquisition, Carrefour strengthens its leading position in Argentina and expands its convenience store network. These 129 stores are mainly located within the capital city of Buenos Aires and the surrounding areas.
This transaction is subject to approval by the anti-trust authorities.
About the Carrefour Group:
The Carrefour Group is the largest retailer in Europe, and the second largest worldwide, with more than 9,500 stores under banner in 33 countries and 411,000 employees. For over fifty years, Carrefour has been a partner in the day–to–day lives of more than 25 million customers in Europe, Asia and Latin America.
The Group combines different store formats - hypermarkets, supermarkets, convenience stores and cash & carry outlets - constantly adapting to its customers’ consumption patterns, and offering the lowest prices on a large range of products and services. With more than 3 billion cash transactions per year, the Group, through its activities, has an economic, social and environmental responsibility and is committed to the quality of its products and the safely of its customers.
About Carrefour Argentina:
With a 30-year presence in Argentina as a trusted and committed company, Carrefour Argentine is one of the country’s largest private employers and one of the leading companies in terms of size. With stores in 22 provinces, Carrefour is the supermarket chain with the greatest presence nationwide. Sales in 2011 came to more than 17 billion pesos. Carrefour currently has 261 stores throughout the country, in various formats:
Carrefour, Carrefour Market, Carrefour Express and Carrefour Maxi