Carrefour today announced that it has closed the acquisition of Wellcome Taiwan, including 224 proximity stores (199 Wellcome stores – average sales area of 420 sq. m – and 25 Jasons stores- average sales area of 820 sq. m) as well as a warehouse.
”The acquired stores will henceforth benefit from Carrefour’s commercial policy and purchasing conditions, while Wellcome will bring its recognized expertise in fresh produce and contribute to the development of food e-commerce,” the company said in a statement.
The company plans to convert the Wellcome stores to the Market banner within the next 12 months, and then convert Jasons stores to a Carrefour premium banner.
This transaction is part of Carrefour’s targeted acquisitions policy, which it intends to continue.