With backing from institutional investors and 100 million shekels in cash, this is how Eyal Ravid plans to acquire Carrefour

Eyal Ravid, owner of Victory, plans to acquire a significant stake in Carrefour with an initial investment of 150-180 million shekels, while the company holds cash reserves of about 100 million shekels. He is in talks with institutional bodies for partnership, similar to the Shufersal model. The deal is subject to approval by the Competition Authority, while Ravid is facing a criminal trial for attempted collusion.

Eyal Ravid, CEO and controlling owner of the Victory supermarket chain, is advancing the acquisition of a significant stake in Carrefour Israel, which could make Victory one of the largest food chains in the country. According to estimates, the initial investment will be 150-180 million shekels, of which Victory holds cash reserves of about 100 million shekels. Ravid is in talks with institutional bodies to join the move, similar to the model in which the Amir brothers acquired control of Shufersal. The deal is subject to approval by the Competition Authority, while Ravid is facing a criminal trial for attempted collusion. Carrefour plans to issue shares by the end of November 2026, and the clock is ticking on completing the regulatory procedures.

With backing from institutional investors and 100 million shekels in cash, this is how Eyal Ravid plans to acquire Carrefour