Global retail giant Carrefour International Partnership has announced that the company has signed an agreement to form a commercial partnership with Nordic Coops, focusing on private labels.
According to Carrefour’s press release, the partnership will enable Nordic Coops to buy Carrefour’s food and non-food private labels, such as French, Italian, and Spanish food private labels, as well as the development of manufacturing synergies.
Patrick Lasfargues, Carrefour’s executive director for international partnerships, said: “We are very pleased to count with a new major Partner which has shown a strong growth and a very good retail execution in its domestic markets. Nordic Coops will be for sure our best ambassador for Carrefour multiple brands in food and non-food.”
Jan Lundgren, CEO at Coop Trading, said: “We are very excited to start cooperation with Carrefour International Partnership with focus on Private Labels and thus we will be able to continue the journey we have been on in recent years with more, new, better and competitive products.”
Coop Nordics encompasses the countries of Finland, Denmark, Norway, and Sweden. The partnership agreement was signed by Carrefour International Partnership and Coop Trading and its four affiliates.
Source: Carrefour press release