Overview

• NewPrinces Group has secured a binding agreement to acquire 100 percent of Carrefour Italia at an enterprise value of about €1 billion.
• Closing is slated by the end of the third quarter of 2025, subject to antitrust and regulatory clearances.
• The deal features a pooled €437.5 million investment—€237.5 million from Carrefour and €200 million from NewPrinces—to modernize 1,188 outlets including hypermarkets, supermarkets and minimarkets.
• With the acquisition, NewPrinces will rank as Italy’s second-largest food group by revenue (€6.9 billion) and become the top employer with 13,000 direct staff.
• Carrefour’s exit marks the end of its Italian supermarket operations as NewPrinces accelerates its vertical integration strategy from production through distribution.