France’s anti-trust watchdog has cleared Intermarche’s move to local retail venture Altis – but has asked the company to offload five stores to assuage competition concerns.

The country’s competition authority announced on Friday (6 April) it had cleared Intermarche’s acquisition of Altis – a 50/50 venture ran by Carrefour and Spanish retailer Eroski.

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

Altis operated six hypermarkets and ten supermarkets in south-west France on a franchise basis for Carrefour, as well as four hard discount stores. It generated sales of EUR499m (US$659.8m) in 2010, according to Carrefour.

However, France’s competition watchdog has asked Intermarche to sell five Carrefour Market outlets.

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