Casino has signed an agreement with Rocca and Auchan Retail France for the sale of its Corsican subsidiary







Photo credit © Alexandra Saintpierre

(Boursier.com) — The group Casino signed a unilateral promise to purchase with a view to the sale of the company Codim 2, which operates 4 hypermarkets, 9 supermarkets, 3 Cash & Carry and 2 drives in Corsica. They achieved a turnover excluding taxes of 332 million euros in 2023.

The Rocca group has undertaken as part of this sale to take over all of the stores. They will be operated under the Auchan brand.

All employees of the Codim 2 stores and headquarters will also be taken over.

The completion of this transfer should take place after consultation with staff representative bodies, subject to obtaining authorization from the competent competition authorities.


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