Intermarché refocuses on its agro-industrial subsidiary

Intermarché, the third largest food distributor in France, behind Leclerc and Carrefour, which stands out for its 56 agro-industrial "production units", has announced a "refocusing" of its agro-industrial sector "Agromousquetaires" on raw products such as meat , fish and vegetables. It promises at least 500 million euros of investments over five years. The group is targeting a turnover of 6 billion euros over this period, compared to 4.7 billion in 2023.