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Apollo Funds to Acquire Prosol Group, a Leading French Fresh Food Retailer
Globenewswire· 2025-12-16 06:00
Core Insights - Apollo-managed funds have agreed to acquire a majority stake in Prosol Group, a leader in fresh food retail in France, from Ardian, with existing shareholders and management reinvesting alongside Apollo [1][3] - Prosol operates nearly 450 stores in France under brands such as Grand Frais and Fresh, focusing on fresh, quality products and a vertically integrated supply chain [2][8] - The investment is expected to support Prosol's growth ambitions both in France and internationally, leveraging Apollo's extensive retail expertise [3] Company Overview - Prosol, founded in 1992, has established a strong customer base through its proprietary supply chain and high-quality product offerings [2][6] - The company operates under multiple retail brands, including Grand Frais, Fresh, La Boulangerie du Marché, mon-marché.fr, BioFrais, and Banco Fresco in Italy [2][8] - Prosol's model emphasizes long-term partnerships with producers, in-house expertise, and a dedicated logistics network to ensure product quality and freshness [7] Investment Details - The transaction is subject to regulatory approvals and is expected to close in Q2 2026 [4] - Apollo has a successful track record in private equity, particularly in the retail and consumer sectors, with approximately €14 billion invested in French companies [3][5]
海拔4500米的“菜篮子”:西藏阿里噶尔县生态农业产业焕生机
Zhong Guo Xin Wen Wang· 2025-09-28 01:52
Core Viewpoint - The article highlights the establishment and operational success of the ecological agricultural industrial park in Gar County, Tibet, aimed at addressing local agricultural challenges and improving food security for the community [1] Group 1: Background and Development - The ecological agricultural industrial park was initiated in 2011 and became operational in 2018, managed by the local government and operated by a cooperative [1] - The park covers an area of 1,000 acres and includes various agricultural facilities such as greenhouses and livestock shelters [1] Group 2: Objectives and Achievements - The park aims to solve issues related to high vegetable prices, limited variety, and employment difficulties for relocated households [1] - Currently, the park cultivates over 400 acres of vegetables, fruits, and flowers, and has developed 250 acres for seedling cultivation [1] - In December 2022, the park was recognized as a provincial-level agricultural science and technology park in Tibet [1]