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Intermarché and Auchan announce discussions for an alliance in the purchase negotiations

2023-12-05T12:36:24.617Z

Highlights: Intermarché and Auchan announce discussions for an alliance in the purchase negotiations. The two brands will discuss "FMCG products of major national brands" and "non-food products" The two distributors are also partners for a takeover of stores of the struggling Casino group. The aim is to create the first French purchasing group, according to a joint statement from the two distributors. The scope of discussions includes negotiations on the purchase of consumer food products ofmajor national brands and negotiations onthe purchase of non-Food products.


The two brands will discuss "FMCG products of major national brands" and "non-food products".


Intermarché and Auchan announced on Tuesday their merger "to discuss the bases of a long-term purchasing alliance", with the aim of creating the first French purchasing group, according to a joint statement.

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The scope of discussions includes negotiations on the purchase of consumer food products of major national brands and negotiations on the purchase of non-food products," according to the statement from the two distributors, who are also partners for a takeover of stores of the struggling Casino group.

Source: lefigaro

All business articles on 2023-12-05

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