Casino acquires Charle brothers’ stake in Cdiscount

Hervé, Christophe and Nicolas Charle, Casino’s partners in Cdiscount since 2000, have decided to sell their remaining 18.6% stake to Groupe Casino, which now holds a 99.6% interest in the company.

The Charle brothers, who are planning to pursue other business projects, will also give up their operating responsibilities at Cdiscount, which will continue to be managed by Olivier Marcheteau, Chairman of the Board of Directors, and Emmanuel Grenier, Managing Director.

Paris, 6 January 2011

Investor Relations :

Nadine Coulm
ncoulm@groupe-casino.fr
+33 (0)1 53 65 64 17

Aline Nguyen
anguyen@groupe-casino.fr
+33 (0)1 53 65 64 85

Press Relations :

Frédéric Croccel
fcroccel@groupe-casino.fr
+33 (0)1 53 65 24 39

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Casino Group counts over 25,000 employees, powerful brands with over 7,700 sales outlets across all the territory and a 9 Billion turnover in 2023.

It is a leader in convenience stores as well as n°2 in non-food E-commerce in France with its Cdiscount brand.

Casino acquires Charle brothers’ stake in Cdiscount

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