The Deal CADY Supermarchés has successfully been acquired by Carrefour. IEG - North Africa has acted as exclusive M&A advisor to the Shareholders of CADY Sarl.

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The Partners The Cady franchise is a network of Tunisian Supermarkets located mainly in Greater Tunis. In addition to a wide range of food products, Cady wants to satisfy its customers with promotional offers, free deliveries, vouchers and other benefits. The supermarket franchise had been developing its own since its creation with the desire to create a network of Cady franchisees. Carrefour operates more than 12,000 stores and e-commerce sites in more than 30 countries. Carrefour is a multi-local, multi-format and omni-channel retail Group that employs more than 384,000 people worldwide and generated total sales of 103.7 billion euros under its banners in 2016. Every day, Carrefour welcomes 13 million customers around the world and is actively committed to quality and to more sustainable trade.

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