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Newprinces buys Carrefour's Italian business for €1 billion, involving over 1,000 stores.
Newprinces, an Italian food and beverage company, is acquiring Carrefour's Italian business for €1 billion, including over 1,000 stores.
This deal is part of Newprinces' expansion strategy and aims to integrate production and distribution.
The acquisition is subject to regulatory approval and expected to close by the end of the year.
Newprinces plans to invest €200 million in the new assets, focusing on logistics and brand renewal, while Carrefour aims to strengthen its position in key markets.
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Newprinces compra el negocio italiano de Carrefour por 1.000 millones de euros, en el que participan más de 1.000 tiendas.