This operation is part of the strategic review initiated by Carrefour at the beginning of 2025. Paval Holding is the investment vehicle of the Paval family, leading Romanian entrepreneurs and owners of Dedeman, the national DIY leader and one of the country’s greatest entrepreneurial success stories. The transaction is based on an Enterprise Value of 823 million euros.
Carrefour Romania operates a multi-format network of 478 stores1 (including 55 hypermarkets, 191 supermarkets, 202 convenience stores and 30 discount stores), and generated gross sales (incl. VAT) of €3.2bn in 2024 and 2025e, representing approximately 3,5% of Group sales.
The completion of this operation remains subject to customary regulatory authorizations. It is expected to occur in H2 2026.
“The sale of Carrefour Romania confirms the good progress of the portfolio review initiated in 2025. Following the major transactions completed over the past twelve months—notably the buyout of minority interests in Carrefour Brazil and the sale of Carrefour Italy—the Group is pursuing its transformation and refocusing on its three core countries. It is with this momentum that we will present the key pillars of our new strategic plan next Wednesday. I would like to thank all our colleagues at Carrefour Romania for their dedication, professionalism, and the service they provide to our customers, which have helped build a solid business. I am confident that the agreement reached with Paval Holding represents a great opportunity for their continued success,” states Alexandre Bompard, Chairman and CEO of Carrefour
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