European buying partnership Coopernic has come to an end after “irreconcilable differences” between four members and a fifth, the French retail giant E. Leclerc.

Belgiuan retailer Colruyt, Italy’s Conad, Swiss grocer Coop and German retailer Rewe are to form their own alliance after disagreement with Leclerc over the future direction of Coopernic.

“Colruyt, Conad, Coop and REWE Group separated from E. Leclerc because of irreconcilable differences regarding the shape and strategic development of the alliance in the future,” Rewe said. “The start-up linking these four partners is subject to approval from the respective national antitrust authorities.”

Rewe added: “All business operations, contracts and rights and obligations deriving from Coopernic will remain unchanged and continue in full swing until 31 December 2013.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData