2022 in the supermarket sector has begun with the famous possibility of a merger between Alcampo and Carrefour. The two retail giants in France where the chain owned by Auchan would gain the relevant weight by absorbing the second until gaining a market share with which to aspire to much larger goals, both in the Gallic country itself and in those places where they have great presence, including Spain.
It is not a new intention, that Auchan buy Carrefour, but it is the closest one since the first one is in order to face the millionaire operation that it would mean to become one of the great supermarket leaders in all of Europe.
A move valued at more than €17 billion, the latest merger attempt was rejected for €16.8 billion, which would create a behemoth that moves close to €110 billion a year in retail sales. All in order for Auchan to continue fully in the fight against its European rivals such as Lidl, Aldi or Mercadona (it is only in Spain), while turning the French business landscape upside down.
The new company would become the great power of supermarkets in France
A France that already in previous months rejected that Alcampo ended up in the hands of the Canadian Alimentation Couche-Tard Inc., but that this time does see the operation between its two giants with good eyes. So much so that the very owners of Carrefour, the Moulin family and the Brazilian tycoon Abilio Diniz, are seriously considering giving their approval to the merger.
In this way, 2022 could be the year of the arrival of a new commercial giant in Europe given that to the aforementioned 110,000 million euros in sales that both chains add, they would add the 30% market share that they have in France of jointly (with what they would impose on Leclerc, the until now dominant).
This would be the panorama in Spain led by Mercadona
As far as Spain is concerned, Alcampo and Carrefour add, according to the latest results, a joint share of 12.6%. A position that would make the French brand stronger compared to the German one, Lidl brings together 6.9%, but that would still be light years away from the great dominator of the national sector. Mercadona, with a share of 25%, would continue to lead the scene thanks to the great presence of the supermarkets led by Juan Roig.
It remains to be seen if the operation finally gets the go-ahead and what it would mean in real life for both networks. At the moment, in Spain together they add up to more than 1,700 stores and 70,000 workers who would be in a new position in the face of Auchan’s great objective of hitting the table in supermarkets throughout Europe.
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