Report
Geoffroy Michalet

Casino : Speculation about a deal with Teract: a game-changer? We think not in a configuration where Casino would be the majority shareholder

>Who is Teract? A recent construction in the retail sector - Teract is a listed company with a market capitalisation of c. € 0.5bn. It was created from the merger in July 2022 of the SPAC 2MX Organic (listed since December 2020) and the company InVivo Retail. Teract had a business volume of € 2.5bn in 2021 (sales of € 0.9bn) and operates in several vertical segments: i/ gardening (71% of sales) with Gamm Vert, Jardiland and Delbard; ii/ pet stores (21% of sales) with ...
Underlying
Casino Guichard-Perrachon SA

Casino Guichard-Perrachon is a food retailer based in France. Co. operates hypermarkets, supermarkets, discount stores, convenience stores and cafeterias. Co.'s stores are discount stores selling groceries and consumer goods, and providing services like financial and insurance services, real estate, and restaurants. Co. operates hypermarkets under the brand Geant Casino; urban and rural supermarkets under the brand Casino Supermarches; city-centre supermarkets under the brand Monoprix; convenience/national superettes under the brands Petit Casino, Vival and Spar; covenience-paris area stores under the brand Marche Franprix; and discount stores under the brand Leader Price.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Geoffroy Michalet

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