{"id":156414,"date":"2026-10-06T09:51:47","date_gmt":"2026-10-06T07:51:47","guid":{"rendered":"https:\/\/www.retaildetail.be\/?p=156414"},"modified":"2026-10-06T09:51:53","modified_gmt":"2026-10-06T07:51:53","slug":"pourquoi-sainsburys-et-morrisons-voulaient-fusionner-mais-nont-finalement-pas-ose-le-faire","status":"publish","type":"post","link":"https:\/\/www.retaildetail.be\/fr\/news\/food\/pourquoi-sainsburys-et-morrisons-voulaient-fusionner-mais-nont-finalement-pas-ose-le-faire\/","title":{"rendered":"Pourquoi Sainsbury\u2019s et Morrisons voulaient fusionner, mais n\u2019ont finalement pas os\u00e9"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Sainsbury\u2019s <\/strong>et <strong>Morrisons <\/strong>ont discut\u00e9 pendant des mois d\u2019une fusion qui aurait boulevers\u00e9 le paysage de la grande distribution britannique. Les n\u00e9gociations ont \u00e9chou\u00e9, mais <strong>Clayton Dubilier &amp; Rice<\/strong>, propri\u00e9taire de Morrisons, laisse la porte ouverte \u00e0 une consolidation.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Un nouveau num\u00e9ro deux<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Au d\u00e9but de cette ann\u00e9e, le secteur britannique de la grande distribution \u00e9tait plus proche d\u2019une m\u00e9ga-fusion qu\u2019on ne le pensait jusqu\u2019\u00e0 pr\u00e9sent. Selon le Financial Times, Sainsbury\u2019s et Morrisons ont men\u00e9 <a href=\"https:\/\/www.ft.com\/content\/5f235c48-9a4e-4bb6-a454-0915abc2d5df\">des discussions exploratoires en vue d\u2019une fusion<\/a> entre novembre 2025 et f\u00e9vrier 2026. Sainsbury\u2019s a finalement mis fin aux n\u00e9gociations, mais les parties concern\u00e9es n\u2019excluent pas la reprise des discussions.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Ensemble, ils d\u00e9tiendraient une part de march\u00e9 de 23,6 %, ce qui leur permettrait de talonner de pr\u00e8s le leader du march\u00e9, <strong>Tesco<\/strong> ( 27,8 % du march\u00e9). \u00c0 lui seul, Sainsbury\u2019s d\u00e9tient 15,2 % du march\u00e9 britannique.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Une consolidation in\u00e9vitable ?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Pour Morrisons, une fusion pourrait avant tout offrir une issue \u00e0 une situation financi\u00e8re difficile. L\u2019investisseur am\u00e9ricain Clayton Dubilier &amp; Rice a rachet\u00e9 la cha\u00eene en 2021 pour 7 milliards de livres sterling (environ 8,25 milliards d\u2019euros), mais depuis cette acquisition, Morrisons croule sous le poids de la dette. Selon le Financial Times, celle-ci s\u2019\u00e9l\u00e8verait \u00e0 environ 7,5 milliards de livres sterling.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">De plus, Morrisons perd du terrain. <strong>Lidl <\/strong>a d\u00e9pass\u00e9 la cha\u00eene cette ann\u00e9e et s\u2019est hiss\u00e9 au rang de cinqui\u00e8me supermarch\u00e9 de Grande-Bretagne. L\u2019ascension de Lidl et d\u2019<strong>Aldi <\/strong>a fondamentalement modifi\u00e9 les rapports de force : \u00e0 eux deux, les deux discounters allemands repr\u00e9sentent d\u00e9sormais pr\u00e8s d\u2019un cinqui\u00e8me du march\u00e9.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Cela renforce la conviction que de nouvelles fusions sont in\u00e9vitables. Selon des sources du secteur cit\u00e9es par Sky News, \u00ab une <a href=\"https:\/\/news.sky.com\/story\/sainsburys-held-talks-about-merger-with-supermarket-rival-morrisons-13595383\">nouvelle vague de consolidation dans le secteur de la grande distribution<\/a> est in\u00e9vitable d\u2019ici trois ans \u00bb. Clayton Dubilier &amp; Rice serait par ailleurs ouvert \u00e0 une fusion entre Morrisons et un autre grand groupe de distribution. <strong>Asda <\/strong>appara\u00eet \u00e9galement comme un candidat potentiel.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Une tentative d\u00e9j\u00e0 \u00e9chou\u00e9e<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Le principal obstacle reste l\u2019autorit\u00e9 de la concurrence. Sainsbury\u2019s avait d\u00e9j\u00e0 tent\u00e9 de fusionner avec Asda en 2019. La Competition and Markets Authority avait alors bloqu\u00e9 cette op\u00e9ration, d\u2019une valeur de 7,3 milliards de livres sterling (8,60 milliards d\u2019euros), par crainte d\u2019une baisse de la concurrence et d\u2019une hausse des prix.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Une fusion avec Morrisons susciterait \u00e9galement \u00e0 coup s\u00fbr une enqu\u00eate approfondie. Sainsbury\u2019s devrait probablement c\u00e9der des magasins pour obtenir le feu vert. L\u2019inflation alimentaire rend <a href=\"https:\/\/www.theguardian.com\/business\/2026\/oct\/05\/sainsburys-morrisons-merger-talks\">en outre une telle op\u00e9ration politiquement sensible<\/a>, \u00e9crit The Guardian. Pour l\u2019instant, Sainsbury\u2019s opte donc pour la simplification : <a href=\"https:\/\/www.retaildetail.eu\/news\/food\/sainsburys-sells-its-non-food-subsidiary-argos\/\">le groupe a vendu <strong>Argos<\/strong> cet \u00e9t\u00e9<\/a> et souhaite se concentrer davantage sur l\u2019alimentation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sainsbury\u2019s et Morrisons ont discut\u00e9 pendant des mois d\u2019une fusion qui aurait boulevers\u00e9 le secteur britannique de la grande distribution. Les n\u00e9gociations ont \u00e9chou\u00e9, mais Clayton Dubilier &amp; Rice, propri\u00e9taire de Morrisons, laisse la porte ouverte \u00e0 une consolidation.<\/p>\n","protected":false},"author":5,"featured_media":156415,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[18,24],"tags":[],"people":[],"extra":[43],"company":[378,484],"topic":[282],"region":[381],"class_list":["post-156414","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-food","extra-plus","company-morrisons","company-sainsburys","topic-acquisition","region-royaume-uni"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Pourquoi Sainsbury\u2019s et Morrisons voulaient fusionner, mais n\u2019ont finalement pas os\u00e9 - RetailDetail BE<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.retaildetail.be\/fr\/news\/food\/pourquoi-sainsburys-et-morrisons-voulaient-fusionner-mais-nont-finalement-pas-ose-le-faire\/\" \/>\n<meta property=\"og:locale\" content=\"fr_FR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pourquoi Sainsbury\u2019s et Morrisons voulaient fusionner, mais n\u2019ont finalement pas os\u00e9 - RetailDetail BE\" \/>\n<meta property=\"og:description\" content=\"Sainsbury\u2019s et Morrisons ont discut\u00e9 pendant des mois d\u2019une fusion qui aurait boulevers\u00e9 le secteur britannique de la grande distribution. Les n\u00e9gociations ont \u00e9chou\u00e9, mais Clayton Dubilier &amp; Rice, propri\u00e9taire de Morrisons, laisse la porte ouverte \u00e0 une consolidation.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.retaildetail.be\/fr\/news\/food\/pourquoi-sainsburys-et-morrisons-voulaient-fusionner-mais-nont-finalement-pas-ose-le-faire\/\" \/>\n<meta property=\"og:site_name\" content=\"RetailDetail BE\" \/>\n<meta property=\"article:published_time\" content=\"2026-10-06T07:51:47+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-10-06T07:51:53+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.retaildetail.be\/wp-content\/uploads\/2026\/10\/shutterstock_morrisons.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"667\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Pauline Neerman\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"\u00c9crit par\" \/>\n\t<meta name=\"twitter:data1\" content=\"Pauline Neerman\" \/>\n\t<meta name=\"twitter:label2\" content=\"Dur\u00e9e de lecture estim\u00e9e\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\\\/\\\/www.retaildetail.be\\\/fr\\\/news\\\/food\\\/pourquoi-sainsburys-et-morrisons-voulaient-fusionner-mais-nont-finalement-pas-ose-le-faire\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.retaildetail.be\\\/fr\\\/news\\\/food\\\/pourquoi-sainsburys-et-morrisons-voulaient-fusionner-mais-nont-finalement-pas-ose-le-faire\\\/\"},\"author\":{\"name\":\"Pauline Neerman\",\"@id\":\"https:\\\/\\\/www.retaildetail.be\\\/nl\\\/#\\\/schema\\\/person\\\/66b54803fa10759039079458ea89e307\"},\"headline\":\"Pourquoi Sainsbury\u2019s et Morrisons voulaient fusionner, mais n\u2019ont finalement pas os\u00e9\",\"datePublished\":\"2026-10-06T07:51:47+00:00\",\"dateModified\":\"2026-10-06T07:51:53+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.retaildetail.be\\\/fr\\\/news\\\/food\\\/pourquoi-sainsburys-et-morrisons-voulaient-fusionner-mais-nont-finalement-pas-ose-le-faire\\\/\"},\"wordCount\":489,\"publisher\":{\"@id\":\"https:\\\/\\\/www.retaildetail.be\\\/nl\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.retaildetail.be\\\/fr\\\/news\\\/food\\\/pourquoi-sainsburys-et-morrisons-voulaient-fusionner-mais-nont-finalement-pas-ose-le-faire\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.retaildetail.be\\\/wp-content\\\/uploads\\\/2026\\\/10\\\/shutterstock_morrisons.jpg\",\"articleSection\":[\"Food\",\"Food\"],\"inLanguage\":\"fr-FR\",\"copyrightYear\":\"2026\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/www.retaildetail.be\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.retaildetail.be\\\/fr\\\/news\\\/food\\\/pourquoi-sainsburys-et-morrisons-voulaient-fusionner-mais-nont-finalement-pas-ose-le-faire\\\/\",\"url\":\"https:\\\/\\\/www.retaildetail.be\\\/fr\\\/news\\\/food\\\/pourquoi-sainsburys-et-morrisons-voulaient-fusionner-mais-nont-finalement-pas-ose-le-faire\\\/\",\"name\":\"Pourquoi Sainsbury\u2019s et Morrisons voulaient fusionner, mais n\u2019ont finalement pas os\u00e9 - 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