Carrefour has signed an agreement to acquire a 98.5% stake in France’s Cross Systems Company with two companies, Annapurna and Nubie.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


The French retailer said that the move would allow it to acquire real estate assets, including a mall shopping centre that the company will take control of in a matter of weeks.


Carrefour will pay a total of EUR4.6m (US$6.5m) for its stake in the company.


“This acquisition is part of the development of the real estate holdings of Group Carrefour,” the company said. 

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 - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now