Casino Guichard Perrachon SA: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
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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
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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