Carrefour and Tesco Agree Not to Extend Alliance
07 Junio 2021 - 1:30AM
Business Wire
Regulatory News:
Carrefour (Paris:CA) and Tesco have today confirmed that they
have decided not to extend their purchasing alliance beyond the
three-year operational framework agreed in 2018, and the alliance
will formally end on 31 December 2021.
Over the last three years, Carrefour and Tesco have benefited
from a number of joint buying opportunities across food and general
merchandise categories, enabling access to new suppliers, new
sources and new products. Moving forward, both companies have
agreed that they will continue this work independently and focus on
their own opportunities, building on the experience and the
progress made during the alliance period.
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Carrefour Investor Relations Sébastien Valentin,
Anthony Guglielmo and Antoine Parison Tel : +33 (0)1 64 50 79 81
Shareholder Relations Tel : 0 805 902 902 (toll-free in
France) Group Communication Tel : +33 (0)1 58 47 88 80
Tesco Investor Relations Chris Griffith Tel : +44 (0)
1707 940 900 Media Christine Heffernan Tel : +44 (0) 330 678
0639
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