Eurofood: Casino makes tropic acquisition - Food Retailing - French supermarket bought worldwide sta

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Eurofood: Casino makes tropic acquisition - Food Retailing - French supermarket bought worldwide sta

Casino, the French supermarket group has announced it is purchasing a stake in Vindemia, a subsidiary operated by Groupe Bourbon.

The deal will boost Casino's international presence.

Vindemia is Bourbon's retail arm, operating eleven hypermarkets and 15 supermarkets throughout Madagascar, Vietnam, Mauritius, and the French territories of Mayotte Island and La Reunion. Casino, France's number two supermarket group behind global giants Carrefour, is taking a 33.34% stake in Vindemia.

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