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What Does It Mean to Buy the Subsidiaries of Carrefour and Supeco by the Senegalese Edk
Summary by JeuneAfrique.com
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By buying the eight stores of FAO Retail in Senegal, EDK expands its ambitions in large food distribution. A discreet but symbolic operation, in a country where multinationals struggle to find their place.
The landscape of large-scale distribution in Senegal is changing. The FAO Consumer Group, a major player in modern food distribution in West Africa, formalizes the sale of eight stores to the Senegalese EDK group, owner of the Lowprice chain. CFAO Consumer announces the divestiture of eight of its stores to the Senegalese EDK group. This decision is part of CFAO's strategy to refocus its activities on Carrefour (hypermarkets) and Carrefour Marke…
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