Retail
Market Penetration
With the acquisition of Alfa Retailindo, hypermarket giant Carrefour moves into the supermarket business.
January 29, 2008
THERE were no signs of fatigue on the faces of Jean Noel Bironneau and Irawan D. Kadarman, on Monday last week. This despite the fact that the President Director and Corporate Affairs Director respectively of Carrefour Indonesia had only just signed an agreement on the acquisition of Alfa Retailindo at dawn, preceded by dinner. Carrefour purchased Alfa from Sigmantara Alfindo and Prime Horizon Pte Ltd.
Still on the same day, at noon, the transa
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