MEXICO/FRANCE: Will Carrefour buyout Comerci?
Rumours are rife within the Mexican retail industry, stirred by speculation that French retail giant Carrefour is hoping to buy out its major competitor Comercial Mexicana (Comerci). Dario Celis Estrada, business columnist at Reforma, reported this week that the Mexican owned Comerci was flatly denying a takeover, yet its suppliers remain largely convinced that Carrefour, headed in Mexico by Bernard Dunand, is close to finalising a deal. The world's second largest retailer since its merger with Promodès last year, Carrefour operates 18 outlets in Mexico, and would greatly increase its market hold with a takeover of the 209 stores controlled by Comerci.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-food gives you the widest food market coverage.
Paid just-food members have unlimited access to all our exclusive content - including 16 years of archives.
It’s our best ever membership offer – just for you.
Dean Best, editor of just-food
- It won't just be Unilever to push for Brexit hikes
- Danone's Q3 sales - what the analysts say
- Interview: UK trade body on Brexit's policy impact
- Interview: UK trade body on the impact of Brexit
- Future trends in natural food to go mainstream
- PepsiCo sets 2025 nutrition, sustainability goals
- Nestle lowers outlook on "softer environment"
- China "transition" drags on Danone Q3
- UK announces "action plan" to drive food exports
- France eyes leading role in proteins
- The Big 15: Strategies and Priorities of Top Packaged Food Players in Comparison
- Omega-3 in Food and Beverage:Time for a Reboot?
- Constellation Brands, Inc. (STZ) - Financial and Strategic SWOT Analysis Review
- Bakery (UK) - Industry Report
- Redefining Snacks: From Conventional Snacks to Snack Replacements