CASINO AND DIA GROUPS EXTEND THEIR COOPERATION ON PRIVATE LABELS BY CREATING A HUB OF EXPERTISE ON LOGISTICS AND PRIVATE LABEL INNOVATION
A new joint company, named CD Supply Innovation, will start its activities on December 15th
After deciding in 2015 to regroup their private label purchasing negotiations in Europe in order to improve their competitiveness, group Casino and Dia extend their cooperation through the inception of a new joint company, CD Supply Innovation, which will start its activities on December 15th.
CD Supply Innovation will manage orders, payment, and supply of private label products for both groups. In this regard, it will offer logistics and payment services.
This entity will also act as an innovation lab, offering value chain improvement solutions.
ANALYST AND INVESTOR CONTACTS
Régine Gaggioli - Tel: +33 (0)1 53 65 64 17
rgaggioli@groupe-casino.fr
or
+33 (0)1 53 65 24 17
IR_Casino@groupe-casino.fr
PRESS CONTACTS
Casino Group
Tel.: +33 (0)1 53 65 24 78
Directiondelacommunication@groupe-casino.fr
Stéphanie Abadie, Press relations manager
Tel.: + 33 (0)6 26 27 37 05 - sabadie@groupe-casino.fr
AGENCE IMAGE SEPT
Simon Zaks - Tel: +33 (0)6 60 87 50 29 - szaks@image7.fr
Karine Allouis - Tel: + 33 (0)6 11 59 23 26 - kallouis@image7.fr
Disclaimer
This press release was prepared solely for information purposes and should not be construed as a solicitation or an offer to buy or sell securities or related financial instruments. Similarly, it does not give and should not be treated as giving investment advice. It has no connection with the investment objectives, financial situation or specific needs of any recipient. No representation or warranty, either express or implicit, is provided in relation to the accuracy, completeness or reliability of the information contained herein. It should not be regarded by recipients as a substitute for exercise of their own judgement. All opinions expressed herein are subject to change without notice.