Casino announces the signature of a unilateral promise to purchase with a view to the sale of Codim 2, which operates four hypermarkets, nine supermarkets, three cash & carries and two drives in Corsica, representing pre-tax sales of 332 million euros in 2023.

The potential buyer, the Rocca group, has undertaken to take over all the stores, which will be operated under the Auchan banner, as well as all Codim 2 store and head office employees.

The sale is expected to be completed after consultation with employee representative bodies and subject to authorization by the relevant competition authorities.

Copyright (c) 2024 CercleFinance.com. All rights reserved.