Ownership Transfer Officially Completed
ISTANBUL – CarrefourSA has officially completed the transfer of its majority ownership to Yeni Mağazacılık A.Ş., the retail company behind Türkiye’s discount chain A101, following the receipt of all required regulatory approvals.
The transaction covers 89.28% of CarrefourSA’s shares, previously held by Sabancı Holding and Carrefour Nederland BV. With the closing of the deal, CarrefourSA becomes part of Aydın Group’s retail portfolio under Yeni Mağazacılık.
CarrefourSA and A101 to Continue as Separate Brands
Despite the acquisition, CarrefourSA and A101 will continue to operate as separate brands, maintaining independent management structures, distinct retail formats, and their existing brand identities. The companies emphasized that the integration is designed to strengthen CarrefourSA’s financial position while preserving its premium supermarket positioning, with A101 continuing to focus on the discount retail segment.
CarrefourSA will remain under the leadership of CEO Hatice Evren, who will oversee the company’s next phase of growth. Aydın Group stated that the retailer will benefit from stronger financial backing, enabling investments in customer experience, supplier partnerships, employee development, and nationwide expansion.
Growth Strategy Focuses on Expansion and Investment
According to Erhan Bostan, Board Member of Aydın Group, the company aims to leverage CarrefourSA’s strengths in fresh food, product variety, and quality while expanding its footprint across Türkiye. The group plans to increase accessibility by opening new stores and strengthening collaboration with local suppliers, contributing to employment and the country’s organized retail sector.
The completed transaction marks a significant development in Türkiye’s organized retail sector, strengthening Aydın Group’s multi-brand strategy while allowing CarrefourSA and A101 to continue serving different customer segments.