Casino sells catering business to Compass
French supermarket retailer Casino announced that it had agreed to sell its contract catering business ‘R2C’ to Britain’s Compass. The deal, which one source said was worth EUR 25-30 million, was expected to be completed by the end of the first half of the year. With this step the Casino Group’s goal is to increase its profitability and strengthen its financial profile.
Related news
Groupe Casino Renews Partnership With TotalEnergies In France
Groupe Casino has extended its partnership with TotalEnergies in France…
Read more >
Carrefour grows in France and Brazil, lags behind in rest of Europe
Carrefour says it is rather pleased with its financial results…
Read more >
Food e-commerce isn’t for everyone (yet)
The democratisation of online grocery shopping is taking longer than…
Read more >Related news
Hungarian family businesses invest in cooperation, not generational change
More than 20 percent of the 515,000 partnerships operating in…
Read more >
Holiday Shopping Study 2024: European Consumers Plan Ahead Amid Economic Pressures
The “Holiday Shopping Study 2024,” conducted by ShopFully and Offerista…
Read more >
Nestlé Szerencs factory expands with new solar park
The 1.5 GW annual capacity solar park will come into…
Read more >
