Auchan and Système U want beef up their alliance on purchases up to the creation of a common governance structure and exchange of signs for some stores, said Friday a U System spokesman .
But these developments remain subject to decisions of the Competition Authority, the “negotiations” still ongoing between the two groups and the consent of each of independent traders of the network U. If System is allowed, the project would create the number two French distribution, according to Le Figaro, behind Carrefour and Leclerc before.
As part of this merger, announced in February, the Hyper U could change the sign and adopt that of Auchan and Simply Market Mulliez family group could adopt the U sign.
The two companies also plan to strengthen their alliance on purchases, launched in September While 2014. Système U was far Auchan mandated to negotiate, it would become “associate” in the purchase Eurauchan plant. This is the striking force of the two signs, which can still negotiate a little prices with suppliers by promising the total purchase amount of € 50 billion they represent …
Under review in Brussels
“This project was presented in the respective works councils early 2015 and is subject to examinations in Brussels since early March without no date of return of the authority is known to date “, said the signs in a statement.
Both groups report that the adoption of the U taught by Simply stores Market is “possible”, while stressing that the unique nature of the two distributors’ not possible to envisage systematic signs flops. ” Système U is a cooperative grouping teaches independent traders, while Auchan is an integrated group.
Finally, in some areas, this merger could pose problems of competition or dominant position which is payable, possibly not store disposals
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