In 2012, French retailer Carrefour chose to concentrate on
businesses closer to its home market in Europe. The strategy
led to its sale of its Colombian operations in a swift auction
process that involved major global and Latin American
CROSS-BORDER M&A DEAL: Cencosud / Carrefour Colombia
The largest international acquisition by a Chilean company came with a smooth financing package
Chile’s Cencosud emerged victorious from a
group of three finalists in October 2012, spending $2.6 billion
to gain about 18% of Colombia’s supermarket
sector. Carrefour’s operations were second only to
Grupo Éxito, in a market with plenty of growth
The speed of the Carrefour purchase, as well as its
landscape-changing nature, made it stand out during the awards
period, against other prominent large deals such...
Already have an account?
Subscribe now for unlimited access to all current and archive news, data and market analysis.
Take a free two-week trial now for the latest news, data and market analysis.