Ocado Group plc announced the signing of an agreement between Ocado Group plc (Ocado) and Auchan Retail to partner with Ocado Solutions Limited to develop Alcampo's online business in Spain using the Ocado Smart Platform ("OSP"). Under this agreement, Ocado and Alcampo will initially build a Customer Fulfilment Centre (CFC) to serve the Madrid region from 2024, with additional CFCs to be announced at future dates. Alcampo will also leverage Ocado's In-Store Fulfilment (ISF) software across its hypermarkets nationwide to enable more efficient picking from stores. The agreement will cover both Alcampo's food and non-food business. Alongside physical fulfilment solutions, Ocado will also provide Alcampo with OSP's end-to-end software platform and a comprehensive suite of engineering and support services to ensure the smooth launch and ongoing development of its ecommerce operations. The structure of fees agreed with Alcampo are similar to those agreed with other international Ocado Solutions partners. Alcampo will pay Ocado certain fees upfront and during the development phase, then ongoing fees linked to both sales achieved and installed capacity within the CFC and service criteria. Ocado and Auchan Retail will also explore the potential to extend this partnership into other geographies.