Carrefour acquires 3 minoty stakes in China

Carrefour has signed an agreement to acquire minority stakes held by its partner PRESIDENT, based in Taiwan, in three companies already controlled by Carrefour. As a result, Carrefour will own 100% of the capital of its subsidiary Guangzhou (vs. 80% previously), 100% of Tianjin Jiafu (vs. 55% previously) and 65% of Chongqing (vs. 55% previously). These companies respectively operate 5, 2 and 7 hypermarkets in mainland China.

Download the release of the 06 24 2011 (pdf 118.09 KB)

More news


Between 19 and 20 February, Carrefour Brazil launched its first...Read more


Carrefour Poland’s C4 Retail Lab incubator, which started up in 2017...Read more