"GIFI in Talks to Sell 25-30 Stores to GRAND FRAIS with Legal Guidance from Jeantet and Hogan Lovells"

"Jeantet is advising GIFI, a retail chain specializing in decoration and miscellaneous products, in its discussions with GRAND FRAIS, a food distribution company, regarding the sale of 25 to 30 stores. The agreements are expected to be signed in early 2026, following consultations with GIFI's employee representatives, with the final transactions occurring later that year after meeting regulatory conditions. This move aims to enhance GRAND FRAIS's territorial presence while allowing GIFI to consolidate and secure its operations and jobs. Legal counsel for both companies is provided by various law firms."

**Law Firms Involved in the Transaction:** Jeantet and Voltaire Avocats advised GIFI, a retail chain specializing in decoration and miscellaneous products, while Hogan Lovells provided legal counsel to GRAND FRAIS, a food distribution company. **Transaction Overview:** GIFI is in discussions with GRAND FRAIS regarding the sale of 25 to 30 stores. The signing of agreements is expected to take place in early 2026, following consultations with GIFI's employee representative bodies. The finalization of the sales is anticipated to occur within 2026, contingent upon the fulfillment of customary conditions and the acquisition of necessary regulatory approvals. This transaction aims to enhance GRAND FRAIS's territorial presence as part of a targeted development strategy, while GIFI focuses on consolidating and valuing its assets to ensure sustainability and job preservation. **Legal Teams:** - **Jeantet (Legal Counsel for GIFI):** - Catherine Saint Geniest (Partner) - Real Estate Law - Chloé Abgrall (Associate) - Real Estate Law - Cyril Deniaud (Partner) - Corporate-M&A - **Voltaire Avocats (Legal Counsel for GIFI):** - David Guillouet (Partner) - Employment Law - Olivia Guilhot (Partner) - Employment Law - **Hogan Lovells (Legal Counsel for GRAND FRAIS):** - Margot Derumaux (Senior Associate) - Real Estate Law - Marion Guertault (Partner) - Employment Law - Alexandra Tuil (Counsel) - Employment Law - Alexander Premont (Partner) - Financing Law

"GIFI in Talks to Sell 25-30 Stores to GRAND FRAIS with Legal Guidance from Jeantet and Hogan Lovells"

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