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Casino Guichard Perrachon SA Acquires 47 Le Mutant Discount Stores and Signs Brand Licensing and Supply Contract with Groupe Les Cooperateurs de Normandie-Picardie's Mutant Distribution


Monday, 28 Oct 2013 03:31am EDT 

Casino Guichard Perrachon SA announced that it has signed an agreement with Mutant Distribution, a subsidiary of Groupe Les Cooperateurs de Normandie-Picardie, concerning the acquisition by Leader Price of 47 Le Mutant discount stores located mainly in southwestern France, and the setup of a partnership with Leader Price through a brand licensing and supply contract covering around 90 similar stores in the Normandy and Picardy area. The stores are currently run under the discount format banner "Le Mutant". Those agreements are expected to take effect in the first quarter of 2014. Financial terms were not disclosed. 

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