At Carrefour, one family replaces another. The French distributor revealed, Wednesday, November 12, that Saadés, owner of Marseille shipowner CMA CGM, had taken a 4% stake in its capital. This means the legacy investment is less than 400 million euros. The family later became shareholders of both brands, behind Moulin-Houzé (Galeries Lafayette), which held 9.5% of the capital. Rodolphe Saadé, CEO of CMA CGM, will enter on the 1stuh December to Carrefour’s board of directors as independent director.
Thus, the arrival of the Saadé family makes it possible to compensate, in part, for the withdrawal of Peninsula, the holding company of Brazilian businessman Abilio Diniz, who died in February 2024. The billionaire’s heirs have not hidden that they want to divest. It’s now complete, according to the distributor’s press release Wednesday. Peninsula did not renew contracts related to its derivative products that gave it a stake of about 8.5% in the capital Carrefour. As a result, the two holding representatives resigned from the board of directors.
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