Carrefour announced that it has acquired a majority stake in the start-up Quitoque, one of the French pioneers in Foodtech.

Created in 2014, Quitoque is the French leader in home-delivered meal kits. The company, which has 60 employees, delivered nearly 3 million meals throughout France in 2017.

This investment, which allows Carrefour to expand its food e-commerce offering, is fully in line with the group’s ambition of creating a benchmark omnichannel model and of becoming the world leader in the food transition for all.

Following the transaction, Quitoque will remain managed by its co-founders who will continue to develop the company alongside Carrefour.

Clifford Chance advised Carrefour on this operation with a team led by Mathieu Remy and Marianne Pezant, partners, assisted by Emmanuel Mimin, counsel, and Isaure Sander, associate.