Prosol, owner of the French fresh food chain
Grand Frais. However, the target is no small beer: the takeover could well cost between 3 and 4 billion euros.
Tactical acquisition
Carrefour has set its sights on Prosol, the umbrella company above the Grand Frais fresh food markets. The fruit and vegetables, fish and dairy departments in those stores are managed by Prosol itself, while other partners take care of the butcher's, grocery and bakery departments. In the event of a takeover, Carrefour would therefore largely control Grand Frais.
Since 2017, Prosol also has its own store concept, called
Fresh. That chain has about 20 stores, but hopes to have 100 branches by 2025. Prosol has also opened two stores in Italy under the Banco Fresco banner.