Brazil

At 31 December 2023

Since the beginning of 2023, Casino Group has completed or is in the process of sale proceedings for the following banners and subsidiaries.

GRUPO PAÕ DE AÇÚCAR

GPA is a major player in food retail in Brazil, with the premium supermarket banner Pão de Açúcar. GPA also owns the Minuto Pão de Açúcar and Compre Bem convenience stores, as well as the Mercado Extra regional banner.

On 10 December 2023, GPA initiated preliminary work efforts
towards a potential primary equity offering as part of its plan
to optimise its capital structure.
Following this offering, Casino’s stake in GPA would be dilut.

Responsible employer committed to the development of skills and the well-being of its employees, the Casino group implements innovative human resources policies, consistent with its approach to social, societal and environmental responsibility.

The Casino group is also a local community player, rooted in the regions where its stores are located.

Casino Group’s Corporate and Social policy aims at offering more responsible consumption patterns and improving the sustainability of its business model by supporting relations of trust with all the stakeholders with whom it maintains a permanent dialogue.

Inventing the world of tomorrow and creating the retail sector of the future – those were Casino Group’s objectives for its sustainable growth model. The priority: improve our impact on the world around us.

The Group deploys concrete actions on a daily basis with its banners. These actions are presented in our newsroom. Find our latest news and all of our press releases.

Historical player in the retail industry in France since 1898, No. 1 network of convenience stores and and No. 2 in e-commerce, the Casino groupe has more than 8,600 stores.

With a clear vision of changes in the sector, its ambition is to accelerate the transformation of commerce by positioning itself on future formats: proximity, premium and e-commerce.

GRUPO PAÕ DE AÇÚCAR