Milan, July 24 (LaPresse) – NewPrinces, a multinational company operating in the food sector, has signed a binding agreement with Carrefour for the acquisition of 100% of Carrefour Italia’s share capital, based on an enterprise value of approximately €1 billion. The transaction, subject to the usual regulatory approvals, is part of NewPrinces Group’s broader strategic plan for growth and vertical integration, aiming to strengthen its presence in the Italian market and accelerate the convergence between the industrial sector and distribution network.
With the acquisition of Carrefour Italia, NewPrinces becomes the second-largest Italian food group by revenue and the largest food operator in terms of employment, with 13,000 direct employees in Italy and more than 18,000 globally, in addition to 11,000 individuals involved in outsourced support services. The deal is expected to close by the end of the third quarter of 2025, pending regulatory approvals and fulfillment of the conditions set out in the contract.
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