The deal marks the exit of Carrefour from Romania, where the French-held group had operated via its Carrefour hypermarket and supermarket network, Carrefour Express convenience stores and the online commerce platform Bringo for more than two decades.
“The completion of the sale of Carrefour Romania marks another important milestone in the execution of our portfolio review. (…) This transaction reflects the continued execution of our strategy to refocus on our core markets,” Alexandre Bompard, Carrefour chairman and CEO, said.
To Paval Holding, the special purpose vehicle of brothers Dragos and Adrian Paval, Dedeman owners, the acquisition is one of the most important deals conducted in the local retail sector so far.
(English version by Loredana Fratila-Cristescu)