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Saadé Family Buys 4% of Carrefour; Rodolphe Saadé to Join Board on Dec. 1

The Carrix investment brings a long-term French backer into Carrefour’s governance, easing concerns over an unsettled shareholder base.

Rodolphe Saadé (à gauche) et Alexandre Bompard lors de la cérémonie des BFM Awards au Grand Palais, à Paris, le 13 janvier 2025.
Le milliardaire Rodolphe Saadé entrera au conseil d'administration du groupe Carrefour le 1er décembre.

Overview

  • The Saadé family has acquired about 4% of Carrefour through a new vehicle, Carrix, becoming the retailer’s second-largest shareholder.
  • Rodolphe Saadé will take a board seat on December 1 as an independent director, replacing Peninsula’s Eduardo Rossi and serving until the 2028 annual meeting.
  • Carrix will join the board’s strategic committee under the terms of the governance arrangement.
  • Galfa, controlled by the Moulin‑Houzé family, remains the largest shareholder at roughly 9.5%.
  • Carrefour said Peninsula has exited; reporting values the new stake near €400 million, an investment presented as reinforcing shareholder stability and complementing the Saadé group’s diversification with links to Brazil.