Casino joined EMD, the largest buying group in Europe
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The buying group Casino, EMC Distribution, will join the European Marketing Distribution (EMD), the largest european buying group from 1st of January 2011.
EMD, based in Switzerland, is an alliance of buying group with 500 collaborators in food distribution in 15 countries, with almost 150,000 points of sale for a potential turnover of nearly 130 billion Euros.
Casino has 11,000 stores under the signs Franprix, Leader Price, Monoprix and Géant Casino and has achieved a turnover of 26.7 billion Euros in 2009.
According to the release of Casino, this partnership with EMD will increase the competitiveness of its supply.
Source: Casino, Romandie, easy bourse.