Carrefour announced the closing of the acquisition from Dairy Farm of 224 proximity stores in Taiwan (199 Wellcome stores with an average sales area of 420 sq. m and 25 Jasons stores with an average sales area of 820 sq. m), as well as a warehouse.
SEE ALSO : Carrefour to acquire Wellcome Taiwan
The acquired stores will henceforth benefit from Carrefour’s commercial policy and purchasing conditions, while Wellcome will bring its recognized expertise in fresh produce and contribute to the development of food e-commerce.
Carrefour plans to convert the Wellcome stores to the market banner within the next 12 months, and then convert Jasons stores to a Carrefour premium banner.
This transaction is part of Carrefour’s targeted acquisitions policy, which it intends to continue.