date:Aug 21, 2018
There is currently quite some consolidation in the retail sector of the organic food industry. Carrefour, has purchased the So.bio organic food retailer for an undisclosed amount. So.bio currently operates eight stores in the south-west region of France. It also plans to open two new stores in the coming months.
The deal is in line with the Carrefours 2022 transformation plan, in which it plans to generate 5 billion sales from organic products. Carrefour plans to develop the retail brand and e