Carrefour Buys Polish Supermarket Chain

Carrefour has announced its acquisition of Poland's Rast supermarket chain, which operates 10 stores…

Carrefour has announced its acquisition of Poland's Rast supermarket chain, which operates 10 stores in the north eastern store of Olsztyn, for an undisclosed fee.

In a press statement released by the World's second largest retail group, Carrefour said that the deal would see it "strengthen its operations in Poland".

Carrefour Poland opened its first store in 1997 in Lodz and currently operates more than 600 hypermarket, supermarkets and convenience stores in the country.

The retailer does not provide a breakdown of sales per market outside France except when it announces its annual results. In 2012, Carrefour posted a 4.4% fall in sales in Poland to €1.89 billion.

Rast supermarkets propose a broad range of fresh produce, notably meat, cold cuts, dairy products, vegetables, fruits and bread and bakery.