This is the most important deal on the Romanian grocery retail market in years.

It is subject to approval by relevant competition authorities and should be completed by the end of 2023.

EY’s financial and tax team that assisted Carrefour was supervised by Liliana Busoiu, Alexandra Brinzan and Alexandru Ontica – financial advice, and by Miruna Enache, Cristina Clujescu, Costin Manta, Claudia Sofianu and Horatiu Cocheci – tax and HR advice.

The EY France team that handled coordination and relations with the Carrefour Group teams was led by Jean-Daniel Oltz (financial) and Cédric Devouges (tax).

(English version by Loredana Fratila-Cristescu)