In 2013, Carrefour and CFAO Group established a joint venture which benefits from exclusive distribution rights to develop various store formats in 8 countries of West and Central Africa (Côte d’Ivoire, Cameroon, Nigeria, DR Congo, Ghana, Gabon, Senegal and Congo). As a world leading retailer, Carrefour brings its expertise and a strong retail banner, while CFAO – with its longstanding local presence in Africa – provides local markets knowledge and a deep understanding of consumer habits.
With plans to build shopping centres in Africa, Property Division teams will offer customers a comprehensive shopping experience in a modern setting.
Since 2001, Carrefour builds up on alliance with one of the key players in Tunisia’s retail sector UHD Company (Ulysse Hyper Distribution), to develop and manage stores in the country, as well as Algeria.
Property Division teams support UHD with their shopping centres development in Tunisia, bring methodology and shopping mall industry’s knowledge – in particular in design concept and customer journey.
Partners since 1995, Carrefour and Majid Al Futtaim Group operate hypermarkets and supermarkets in 14 countries in Middle East, Egypt and Central Asia. In 2013, Carrefour reorganized and strengthened partnership and sold 25% stake. The exclusive franchise partnership with Carrefour Group runs until 2025 and is extended to new formats and countries. Majid Al Futtaim operates around 140 stores under Carrefour banner.
In 2009, Carrefour signed an exclusive partnership with the Moroccan Group Label’Vie. Label’Vie currently operates more than 50 stores under Carrefour banner, including hypermarkets, supermarkets, convenience stores and Atacadao cash and carry format (born in Brazil).
After 17 years of partnership, Carrefour Group and Sabanci Holding decided to reorganize the governance of their Carrefour SA joint venture in Turkey in 2013. Sabanci Holding now owns 50.8% of Carrefour SA and leads development, providing country and market knowledge to the joint venture. Sabancı Holding is the parent company of Sabancı Group, Turkey’s leading industrial and financial conglomerate. Sabancı Group companies are market leaders in their respective sectors, among them financial services, energy, cement, retail and industrials in 16 countries. Carrefour SA currently operates a stores network of 25 hypermarkets, 175 supermarkets, 20 gourmets and almost 110 mini markets in Turkey.
Learn more about our partners in:
– DOM TOM
– Indonesia: PT Trans Retail Group