INFO LE FIGARO – The Competition Authority will consider the proposed marriage further between numbers 5 and 6 of the French supermarkets. While not a merger in due form this alliance will redial the sector.
A few weeks after expressing their analysis and concerns about reconciliations of central purchasing in the distribution sector, the Competition Authority will examine the particular case of Auchan and Système U. Reportedly, the alliance issue further between the two groups announced in February and filed on March 10 in Brussels, is being referral to the authority headed by Bruno Lasserre. A complex project which, if it can not be considered as a merger, although materialize with the creation of two French distribution number, just behind Carrefour and Leclerc in front. Forced to come together to remain competitive prices being waged for three years the sector signs, northerner integrated group and independent group have formed a complex alliance project, Le Figaro Book your main roads, but especially the ins and outs, in a landscape of distribution in full recomposition
• The four pillars of the strategic alliance .
– Auchan France hypermarkets refocuses on 247 Simply Market (formerly Atac) owned by Auchan teaches Super U pass under duty
<.. strong> – U system refocuses on supermarket . The 70 Hyper U held by participants Système U Auchan become franchisees.
-A joint governance to manage both networks . A strategic alliance committee of eight members (including Serge Papin and Vianney Mulliez) decide unanimously teaches networks of expansion policies
. – A central buying office JV . Auchan and Système U will be co-owners of the new central joint purchase, which will aim to negotiate with all suppliers for a total aggregate purchase 50 billion euros a year.
Read the full this in Le Figaro to be published Friday, May 8, and on the web, mobile and tablets for Premium subscribers Figaro .
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