CarrefourSA Carrefour Sabanci Ticaret Merkezi Stock

CarrefourSA Carrefour Sabanci Ticaret Merkezi AS (Carrefoursa) is a Turkey-based joint venture of Haci Omer Sabanci Holding and Carrefour S.A., engaged in the food and retail industry. As of December 31, 2010, Carrefoursa operated a store network of 27 hypermarkets and 218 supermarkets countrywide. The Company also operates Express shops. Carrefoursa offers a product selection of over 50,000 food and non-food items, cooperating with more than 1,500 food and non-food product manufacturers. The Company expanded its organizational structure with the acquisition of Gima stores. It has also acquired Ipek Giyim Magaza Sanayii Ticaret A.S. On July 1, 2010. Following the acquisition, the two companies merged under the Company’s name on December 31, 2010. In September 2013, Haci Omer Sabanci Holding AS raised its interest in the Company to 50.79%.