M & M Bomchil advises on French food group's acquisition

Buenos Aires firm M & M Bomchil has helped the large French distribution group Carrefour to buy a substantial part of Supermercados Norte SA, the largest supermarket chain in Argentina. Until the acquisition, Supermercados Norte had been part of the Exxel Group. The transaction leaves Carrefour with sole control of Supermercados Norte SA and its subsidiaries, including Tía and Casa Lozano.