Sunday, 15 February 2026
Carrefour has announced that it has entered into exclusive negotiations with Paval Holding regarding the sale of its operations in Romania. The move follows a strategic portfolio review launched by the retailer at the beginning of 2025. The proposed transaction is based on an enterprise value of €823 million.
Paval Holding is the investment vehicle of the Paval family, owners of the Romanian DIY retailer Dedeman. The group is one of the country’s largest privately held business structures.
Carrefour Romania operates a multi-format retail network of 478 stores, comprising 55 hypermarkets, 191 supermarkets, 202 convenience stores and 30 discount units. The Romanian business generated gross sales, including VAT, of approximately €3.2 billion in both 2024 and the 2025 estimate, accounting for around 3.5 percent of Carrefour Group sales.
Completion of the transaction is subject to customary regulatory approvals. Closing is anticipated in the second half of 2026.
Alexandre Bompard, Chairman and CEO of Carrefour, commented: “The sale of Carrefour Romania confirms the good progress of the portfolio review initiated in 2025. Following the major transactions completed over the past twelve months, notably the buyout of minority interests in Carrefour Brazil and the sale of Carrefour Italy, the Group is pursuing its transformation and refocusing on its three core countries. It is with this momentum that we will present the key pillars of our new strategic plan next Wednesday. I would like to thank all our colleagues at Carrefour Romania for their dedication, professionalism, and the service they provide to our customers, which have helped build a solid business. I am confident that the agreement reached with Paval Holding represents a great opportunity for their continued success.”
