Carrefour (ENXTPA:CA) sold Rue du Commerce to Shopinvest

Clipperton advised Carrefour (ENXTPA:CA) and Rue du Commerce on the sale of Topachat to Groupe LDLC (ENXTPA:ALLDL) and the subsequent sale of Rue du Commerce to Shopinvest. Clipperton acted as sole financial advisor to the seller on both transactions.

The two transactions are in line with Carrefour’s strategy to disengage from non-food e-Commerce and allow Rue du Commerce and Topachat to leverage their well-established brand under new ownership.

The deal highlights Clipperton’s ability to advise large corporate clients on structuring complex transactions with carve-out considerations, and further illustrates its expertise in the e-Commerce space.

FR | FR

Sold Rue du Commerce to

Consumer Internet

Press release (extract)

Founded in 1999, Rue du Commerce is amongst the first and best-known e-Commerce brands in France. The company specializes in the online sale of high-tech products including smartphones, computers and TVs. Rue du Commerce will be joining Shopinvest, an e-commerce group founded in 2011, which operates a portfolio of 11 specialized e-commerce sites dedicated to home, fashion and cosmetics. READ FULL PR

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