Karina Pavăl, Vice President of Pavăl Holding, issued the first public reaction in the context of the negotiations for the takeover of Carrefour Romania’s operations. According to information published by Ziarul Financiar, the transaction is valued at approximately EUR 823 million and is currently in the exclusive negotiation phase.

The Pavăl Holding representative emphasized that the initiative reflects the group’s confidence in the long-term potential of the local market and represents a strategic step in expanding its investment portfolio. At present, the holding is primarily known for the development of the Dedeman network, the leader in Romania’s DIY market, but it also has investments in real estate, industry, and financial services.

Carrefour Romania operates a multi-format network that includes hypermarkets, supermarkets, and proximity stores, with more than 470 units nationwide. In 2024, the company reported gross sales of approximately EUR 3.2 billion, according to public data. A potential completion of the transaction would mark one of the most important M&A operations in Romanian retail in recent years and would strengthen the position of local capital in the food retail sector.

The acquisition process is subject to approvals from the competent authorities and to the completion of the specific stages required for transactions of this scale. Until the procedures are finalized, the parties involved continue their technical evaluations and negotiations.

If the transaction is completed, Pavăl Holding would enter directly into a strategic sector of the economy—the food retail market—with implications for supply chains, local suppliers, and the competitive structure of the market.

(Photo: AI GENERATED)