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CarrefourSA joins A101 under Aydın Grup

Updated 2 times since CLSTR started tracking revisions of this situation.

What changed

2026-08-05 18:23 UTC → 2026-08-14 11:06 UTC · added removed

In April 2026 2026, CarrefourSA’s 89.28 % 89.28% shareholding was transferred to Yeni Mağazacılık, the holding company of discount chain A101, completing a deal valued at about approximately $325 million. The transaction incorporated Sabancı Holding’s 57.12 % 57.12% stake and Carrefour Nederland BV’s 32.16 % 32.16% stake, received receiving all required legal clearances—including approval from Turkey’s Competition Authority—and was formally closed closing on 31 July 2026. Hatice Evren was appointed CEO of CarrefourSA. The two brands will remain separate, with the Carrefour name retained under a licensing agreement for at least two years. Financing for the acquisition was provided by a $200 million loan from the European Bank for Reconstruction and Development and a $50 million syndicated loan from the Dutch development bank FMO, both linked to sustainability targets. At the time of sale sale, CarrefourSA operated over 1,250 stores in 77 provinces, carried roughly $970 million of debt debt, and posted a $151 million net loss in 2025. The combined retailer now runs more than 14,000 outlets and is projected Following the takeover, the new majority shareholder, Yeni Mağazacılık A.Ş., provided approximately 15.9 billion TL in capital advances to hold about 9.6 % CarrefourSA during the first ten days of Turkey’s organized food‑retail market August 2026. These funds, delivered in 2025, placing it behind the sector’s three largest players. installments, are intended to strengthen the company's financial structure, settle debts, and support operations. Consequently, CarrefourSA shares experienced a historic rally on Borsa İstanbul, rising 94.4% over seven consecutive trading days in early August.

Versions

  1. 2026-08-14 11:06 UTC CarrefourSA joins A101 under Aydın Grup
  2. 2026-08-05 18:23 UTC CarrefourSA joins A101 under Aydın Grup
  3. 2026-08-03 21:24 UTC CarrefourSA joins A101 under Aydın Grup

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