The acquisition through which Pavăl Holding, controlled by brothers Dragoș Pavăl and Adrian Pavăl, aims to take over Carrefour operations in Romania has entered the review phase of the Romanian Competition Council, according to Ziarul Financiar.
Market participants have been invited to submit observations within 20 days as part of the assessment process.
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Nearly 480 stores included in the deal
The transaction covers Carrefour’s entire local network: 202 Express proximity stores, 191 Market supermarkets, 55 hypermarkets, and 30 Supeco units, a hybrid discount and cash & carry format.
Altogether, the network totals around 480 stores, generating combined revenues of approximately €2.8 billion.
Hypermarkets account for 64% of total turnover, followed by supermarkets with 24%, proximity stores with 7%, and Supeco units with 6%.
Pavăl Holding’s diversified portfolio
The acquisition is carried out through Pavăl Holding, the investment platform behind the Dedeman network.
According to the Romanian Competition Council, the group is active across multiple sectors, including pharmaceutical retail, FMCG, construction materials manufacturing, automotive services, and real estate development.
It also holds stakes in companies such as Farmacia Tei and Grupul Tei.
Key step in approval process
The ongoing review represents a critical stage in the transaction, with authorities assessing its potential impact on competition in Romania’s retail market.
Given its scale, the deal could reshape the competitive landscape of modern retail in the country.
Photo: Forbes
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