Intermarché Transforms French Retail Landscape by Acquiring Colruyt Supermarkets
Parijs, dinsdag, 17 juni 2025.
In a strategic move, Intermarché has acquired 81 of Colruyt Group’s 104 supermarkets in France for approximately €215 million. This crucial transaction marks a significant shift in the French retail market, with Colruyt Group divesting an unprofitable business segment that was generating over €20 million in annual operational losses. The acquisition enables Intermarché to substantially strengthen its market position and creates a win-win situation for both parties in a challenging retail environment with increasing competitive pressure.
Strategic Acquisition by Intermarché
Intermarché has concluded a crucial agreement with Colruyt Group for the acquisition of 81 out of 104 French supermarkets [1]. The transaction, valued at approximately €215 million, marks a significant restructuring in the French retail market [1]. Colruyt Group made this decision after persistent difficulties in making its French operations profitable, with an operational loss exceeding €20 million in the 2024/25 financial year [2].
Background of Market Shift
The acquisition follows a period of increasing competitive pressure in the Belgian and French retail market [2]. Colruyt Group saw its market share decline from 29.3% to 29% and experienced strong competition from players like Delhaize, Albert Heijn, Jumbo, Intermarché, and Carrefour [2]. The sale of French supermarkets fits into a broader strategy of divesting unprofitable business segments [3].
Financial Implications
The transaction offers Intermarché the opportunity to significantly strengthen its market position in France [1]. For Colruyt Group, the sale provides a solution to ongoing challenges in the French market, with the company losing 4.484 percent of its operating result due to unprofitable activities [2][4].