CARREFOUR ITALIA acquired by NEWPRINCES GROUP
Context
NewPrinces S.p.A. has signed a definitive agreement to acquire 100% of the share capital of Carrefour Italia from the French retail giant Carrefour Group. This landmark transaction represents a fundamental strategic pivot for NewPrinces, transforming it from a pure industrial manufacturer into a vertically integrated "Food & Retail" player. By acquiring a major national retailer, NewPrinces gains direct access to the end consumer, bypassing traditional intermediaries. The deal allows the group to aggressively promote its own extensive portfolio of brands (Princes, Napolina, Plasmon) directly on the shelf, optimize logistics costs by combining production and distribution networks, and develop new omnichannel sales platforms.
By taking control of Carrefour Italia, Newprinces Group continues its expansion strategy. Previously, the group had completed 2 acquisitions, including Princes in 2024.
CARREFOUR ITALIA, which reported an EBITDA margin of in 2024, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the Retail & Consumer sector (10.9x).
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Target
Carrefour Italia is one of the leading grocery retailers in the Italian market, operating a multi-format network of hypermarkets, supermarkets, and convenience stores (Carrefour Express) across the country. Headquartered in Milan, the company generates significant annual revenue through the sale of fresh food, packaged goods, and non-food items. It has a deeply rooted presence in Northern and Central Italy and serves millions of customers daily through both physical stores and e-commerce channels.
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REFERENCES
Valuation range: EV 1b - 4b EUR
Revenue range: 2.5b - 5b EUR
EBITDA range: 100M - 200M EUR
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Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.
Press release: view release
Acquirer: newprinces group