Carrefour bids for Codifrance in €155m convenience push
The proposed acquisition would give the retailer access to a wholesaler supplying more than 3,000 neighborhood stores across France, including the Coccinelle and CocciMarket banners.
Carrefour has submitted a €155 million offer to acquire French convenience wholesaler Codifrance from Belgian retailer Colruyt, according to reports from French media. If completed, the deal would strengthen Carrefour's position in the proximity retail segment through a network that supplies more than 3,000 independent grocery and convenience stores across France.
The offer, reportedly submitted during the summer, is said to have been reviewed by Colruyt's board in late September. Neither company has officially confirmed an agreement, although Colruyt has not ruled out a potential sale, as reported by L'Express Franchise.
Founded in 1969 and headquartered in Châteauneuf-sur-Loire, Codifrance operates two distribution centers located in the Loiret and Calvados regions. The company supplies around 8,000 food and grocery products and generated approximately €300 million in revenue in 2025. It employs about 500 people.
Among the stores served by Codifrance, around 800 operate under its affiliated banners, including CocciMarket, Panier Sympa, VivÉco Market, Épi Service and Coccinelle. Most are independently owned neighborhood or village stores linked to the wholesaler through affiliation agreements rather than franchise contracts.
The proposed deal follows a competing offer submitted earlier this year by Les Mousquetaires, the group behind Intermarché and Netto, reportedly valued at just over €120 million.
If finalized, the acquisition would expand Carrefour's convenience retail footprint and add several established local banners to its growing network of neighborhood store formats across France.
