February 27, 2015 4:29 PM ET

Food and Staples Retailing

Company Overview of Groupe Auchan SA

Company Overview

Groupe Auchan SA operates as a food retailer. The company operates a chain of hypermarkets and supermarkets that provide a range of food and non-food products. As of December 31, 2013, it operated 678 fully consolidated hypermarkets, as well as 172 associated or franchised hypermarkets in France, Italy, Spain, Portugal, Luxembourg, Poland, Hungary, Romania, Ukraine, Russia, China, and Taiwan; and 817 fully consolidated supermarkets, as well as 1,885 franchised or affiliated supermarkets in France, Italy, Spain, Poland, and Russia. The company is also involved in promoting, developing, managing, and investing in shopping centers. It managed 362 shopping centers, including shopping malls and r...

40, Avenue de Flandre

Croix,  59170

France

Founded in 1961

302,500 Employees

Phone:

33 3 20 81 68 00

Key Executives for Groupe Auchan SA

Chairman, Chief Executive Officer, Director of Business Development - Auchan Hypermarkets and Chairman of Immochan
Age: 51
Chief Financial Officer and Finance Director
Age: 58
Development Director and Chief Executive Officer of Immochan
Chairman of Banque Accord and Chief Executive Officer of Banque Accord
Human Resources Director and General Manager of Hypermarkets - Poland
Compensation as of Fiscal Year 2014.

Groupe Auchan SA Key Developments

Auchan Plans to Open New Hypermarket in Bucharest

Auchan announced that it will open a new hypermarket in Romania's capital Bucharest. This will be company's seventh hypermarket in Bucharest, and its 32nd in the country, according to data from the retailer's website.

METRO AG Enters into International Purchasing Partnership with Groupe Auchan

Metro AG and Groupe Auchan S. A have entered into an international purchasing partnership. The cooperation is clustered in two agreements that will combine the complementary strengths of the retailer Auchan and the wholesale and food retail divisions of METRO GROUP: In the first place, an international cooperation agreement enabling joint negotiations on specific international services and conditions for the most important international suppliers of branded consumer products on global level. Secondly, an international sourcing agreement will be put in place enabling joint worldwide purchasing of non-food products that each company will resell individually under its own brand labels or as no-name labels. Electronic consumer products are excluded from these two agreements. The agreed partnership combines for the first time the bargaining power of two leading companies, which operate two different business models with an ideal geographical fit.

Auchan Reports Group Earnings Results for the First Half of 2014

Auchan reported group earnings results for the first half of 2014. The company reported a price war in France pushed net profit down 11.5% in the first half, but that overall sales held up because of international performance. In the first six months of the year, net group profit fell to EUR 272 million. Global sales rose by 4.7% to EUR 31.2 billion, boosted by a strong performance in eastern and central Europe and in Asia.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
July 3, 2014
12 Hypermarkets And Shopping Galleries In Romania
Merger/Acquisition
June 30, 2014
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Merger/Acquisition
April 22, 2014
Bussolengo Shopping Centre
 

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