Trans Corp., a unit of Indonesia’s Para Group and 40% shareholder in Carrefour Indonesia, has reportedly signalled its ambition to float the local unit of the French retailer.

Acording to Reuters, Trans Corp. revealed that it is in talks to acquire 100% of Carrefour Indonesia. The company would then look to list the retailer’s shares on the Jakarta stock exchange.

Go deeper with GlobalData

Go deeper with GlobalData

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

Carrefour declined to comment on the reports and Trans Corp. officials were not immediately available for comment.

Carrefour Indonesia operates 79 stores in 22 cities, and plans to open 13 new stores in 2010.

Last month, the companies announced that Trans Corp would take a 40% stake in Carrefour Indonesia, while the French group would retain a controlling 60% holding. 

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - Nominations Closed

Nominations are now closed for the Just Food Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
Winning five categories in the 2025 Just Food Excellence Awards, Centric Software is setting the pace for digital transformation in food and FMCG. Explore how its integrated PLM and PXM suite delivers faster launches, smarter compliance and data-driven growth for complex, multi-channel product portfolios.

Discover the Impact