Carrefour has entered into exclusive negotiations with Pavăl Holding for the transfer of its Romanian operations, based on a valuation of the company of around €823 million.
Completion of the transaction is subject to obtaining the necessary approvals from the competent authorities and is expected in the second half of 2026.
According to a statement from the French company, the transaction is part of the strategic review process initiated by the Group in early 2025.
„Vânzarea Carrefour România reflectă progresul solid al procesului de revizuire a portofoliului inițiat la începutul anului 2025. În urma tranzacțiilor semnificative finalizate în ultimele 12 luni – în special preluarea tuturor participațiilor minoritare în Carrefour Brazilia și vânzarea Carrefour Italia – Grupul își continuă transformarea și se concentrează asupra celor trei piețe strategice principale. În acest context, vom prezenta pilonii-cheie ai planului nostru strategic săptămâna viitoare. Doresc să mulțumesc tuturor colegilor din cadrul Carrefour România pentru dedicarea și profesionalismul lor, care au contribuit la construirea unui business solid. Sunt încrezător că acest acord cu Pavăl Holding va reprezenta o oportunitate importantă pentru dezvoltarea și succesul continuu al companiei”, a declarat președintele și directorul general al Carrefour, Alexandre Bompard, citat în comunicat.
Pavăl Holding is the investment vehicle of the Pavăl family, some of the most important Romanian entrepreneurs and owners of Dedeman, the market leader in DIY retail in Romania and one of the most successful local entrepreneurial companies.
According to a Pavăl Holding press release issued on Thursday by Agerpres, the takeover of Carrefour's operations in Romania marks the expansion of the group's portfolio into a new strategic segment: food retail. In practical terms, this step represents a strategic step for Pavăl Holding, namely the consolidation of Romanian capital in a dynamic sector, long-term investments and the continuation of a sustainable development based on solid teams and partnerships.
Although Pavăl Holding has expanded its presence outside the country in recent years, with investments in sectors such as hospitality and DIY retail (Praktiker Hellas), Romania remains the group's main growth market. This transaction reflects confidence in the potential of local retail and a strong commitment to invest in the local economy and communities.
„We have always watched with interest the evolution of the business model developed by Carrefour. The idea of bringing together a wide range of products in one place has been an important landmark for us and has also inspired us in the way we developed Dedeman. At the same time, Carrefour Romania has opened important paths in the relationship with local producers, promoting the authenticity of Romanian products. It is a philosophy in which we fully share because a healthy business only grows together with the community that supports it”, said Dragoș Pavăl, president of Pavăl Holding and Dedeman, in a statement.
Societatea de avocatură KPMG Legal – Toncescu și Asociații, împreună cu echipele KPMG Tax și Advisory din România, asistă Pavăl Holding in negocierile exclusive privind achiziția operațiunilor Carrefour din România.
Carrefour Romania operates a multi-format network of 478 retail units, including 55 hypermarkets, 191 supermarkets, 202 convenience stores and 30 discount stores, and recorded gross sales (TTC) of around €3.2 billion in 2024 and estimated 2025, representing around 3.5% of the Group's total sales.
