The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
Apollo Global Management has finalized the acquisition of a majority stake in Prosol Group, a leader in the French fresh food retail sector, from private investment firm Ardian. Prosol currently operates nearly 450 stores across France under the well-known Grand Frais and fresh. banners. The company’s competitive edge is driven by a vertically integrated supply chain that ensures the delivery of high-quality fresh products. Following the acquisition, CEO Jean-Paul Mochet will continue to lead the company, focusing on its strategic growth and expansion plans. Existing management and minority shareholders have reinvested alongside Apollo Funds to maintain operational continuity. This transaction marks a significant expansion of Apollo's private equity portfolio within the European retail landscape.
Sign in to access this content
Sign In