The Saadé family becomes Carrefour’s second shareholder

At Carrefour, one family replaces another. The French distributor revealed that, Wednesday 12 November, the Saadé family, owners of Marseille ship owner CMA CGM, took a 4% stake in its capital. Thus, he becomes the brand’s second shareholder, behind the Moulin-Houzé family (Galeries Lafayette), a shareholder with 9.5%, after selling 3.5% in March 2024. “This development will not impact the participation of the immobile Moulin-Houzé familyhe said to World. We welcome this move and welcome the entry into the capital of Carrefour of the Saadé family, who are long-term shareholders. »

The arrival of the Saadé family makes it possible to compensate, in part, for the withdrawal of Peninsula, the parent company of Brazilian businessman Abilio Diniz, who died in February 2024. The billionaire’s heirs have not hidden that they want to divest themselves. It’s now complete, the distributor said Wednesday. Peninsula did not renew a contract related to its derivative products that gave it an 8.5% stake in the capital Carrefour. As a result, the two representatives of the Brazilian holding resigned from the board of directors.

You have 85.17% of this article left to read. The remainder is provided to customers.