Carrefour Sells 7% Stake in Carmila for €171 Million

On June 4, 2025, Carrefour announced the successful sale of 7% of Carmila's share capital. The transaction, valued at approximately €171 million, was executed through an accelerated book-building process. Each of the 9,866,421 shares was sold at €17.30.

Following the sale, Carrefour retains about 29.8% of Carmila’s shares and has committed to a 90-day lock-up period for this stake, with certain exceptions. This sale is part of Carrefour's ongoing strategic review initiated in February.

Carrefour maintains its role as Carmila's primary shareholder and supports its strategies and management. The sale does not alter existing agreements between the two companies. Carmila also repurchased around €1 million of its shares, finalizing its buyback program. The transaction is expected to settle on June 6, 2025.