Global law firm White & Case LLP has advised Casino on the creation with Conforama of an international joint company named 'SICA'.
The company will also include other Steinhoff International Group entities to create a purchasing alliance with a global reach. The new company will be operational for 2017 purchasing negotiations.
SICA enhances and expands the purchasing alliance between Casino and Conforama following the announcement, in September 2016, of the creation of central purchasing agency 'MANO', which aims to optimize purchasing in France from the main international suppliers of household appliances for both groups. White & Case advised Casino on this transaction.
The White & Case team which advised on the transaction was led by partner Yann Utzschneider (Paris) and included partner Vincent Morin (Paris), local partners Justus Herrlinger (Hamburg) and Katarzyna Czapracka (Warsaw), counsel Valérie Ménard (Paris) and associates Mickaël Rivollier, Anouk Clamens and Léo Catafau-Castellet (all Paris).
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