Plesio Opens Exclusive Talks on Transfer of Nine Stores to Casino Brand
Plesio is in exclusive talks to move nine stores under the Casino brand. Completion is expected in Q1 2027, subject to conditions being met.
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what happened
Plesio and the cooperative Coopérateurs de Normandie-Picardie have started exclusive talks on transferring nine stores that will operate under the Casino brand. According to Plesio's press release, distributed via GlobeNewswire, the stores are located in Rouen, Évreux and Amiens, and their annual revenue is estimated at about 50 million euros.
Completion and the change of banner are planned for the first quarter of 2027 and depend on certain conditions being met. The exclusivity of the talks reduces the risk of competing bids for the assets, but financial terms and timing have not yet been disclosed.
why it matters
The deal involves a small regional retail network, so its market impact is limited. Investors will focus more on whether a binding agreement is signed, whether regulators approve it and what the financial terms turn out to be. The matter is still at an early stage, and no significant effect on Plesio's results should be expected before the deal closes.
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sources
- Plesio Enters Exclusive Talks to Add 9 Stores — globenewswire.com, 21 October 2026 at 16:15 UTC
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