Carrefour should invest €78M in 172 supermarkets

Carrefour should invest €78M in 172 supermarkets

Photo Collected From Google Maps

These units, located within the Community of Madrid and Andalusia, currently operate under the brand Supersol and belong the group located in Lithuania. This information was advanced by both companies in a release to which El Confidencial had access where it is further revealed that this operation will only be concluded at the beginning of next year.

With this transaction, Carrefour consolidates its position in Spain where it already owns 1191 units between super and hypermarkets. According to the release, these new units will be refurbished, and will operate under the French brand, both in terms of the retail units and the logistic units destined for e-commerce.

Supersol, which now owns 173 supermarkets in the country, should continue its investment plan. Vygintas Sapokas Supersol’s CEO assumed that Carrefour «is the operator which can best assure the continuity and competitiveness of our shops».

Iberian Property logo Iberinmo logo
Iberian Property is the best platform for investment in Spain & Portugal. Created for those who seek reliable information about players and deals happening in Iberia. Through updated database, reports, market indicators and daily news, we report “Who’s Who” in Iberian Real Estate!. Iberian Property is also proud to organize the most important international real estate investors’ meeting in Iberia - Portugal Real Estate Summit!