Casino Guichard Perrachon News

According to Reuters, the retailer is in talks with French Retailer Casino Guichard Perrachon SA to acquire the latter’s discount grocery chain Leader Price. An unnamed source claimed that both retailers agreed on a 750 million euro ($834 million USD) value for the Leader Price banner, but emphasized that so far no deal has been signed, the. Casino Group or Casino Guichard-Perrachon is a French mass-market retail group. It was founded on 2 August 1898 by Geoffroy Guichard under the corporate name Guichard-Perrachon & Co. 1 Casino Group is the source of many innovations such as the first distributor's brand in 1901, 2 the first self-service store in 1948 3 or even the display.

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About the company

Casino Guichard Perrachon SA is a France-based food retailer company that manages stores in France and abroad. The Company operates across all food and non-food formats: hypermarkets, supermarkets, convenience stores, discount stores and wholesale stores. In France, the Company operates under diversified brands such as: hypermarkets, Casino Supermarkets, Monoprix, Franprix, Leader Price, Spar, Vival, Le Petit Casino, Casino Restauration. Abroad, the Company operates in South America particularly in Brazil and Columbia. The Company is active in other sectors, such as energy where its subsidiary GreenYellow is engaged in energy production (particularly solar photovoltaic) and other energy services. In financial sector, its subsidiary Banque Casino is the retail bank that simplifies access to banking and insurance products.

• Revenue in EUR (TTM)33.53bn
• Net income in EUR-427.00m
• Incorporated1955
• Employees209.70k

Casino Guichard Perrachon News Anchor

• LocationCasino Guichard Perrachon SA1 Cours Antoine Guichard, Bp 306SAINT-ETIENNE 42000FranceFRA
• Phone+33 477453131
• Fax+33 477453838
• Websitehttps://www.groupe-casino.fr/