AcquisitionsMay 7, 2026, 03:02 AM
Apollo Funds Complete Majority Stake Acquisition of Prosol Group
AI Summary
Apollo-managed funds have completed the previously announced acquisition of a majority stake in Prosol Group, a French multi-specialist in fresh food businesses and food retail. The stake was acquired from Ardian, with Prosol's existing minority shareholders and management team reinvesting alongside the Apollo Funds. Prosol, founded in 1992, operates and/or supplies nearly 450 stores across France under its main banners, Grand Frais and fresh., and CEO Jean-Paul Mochet will continue to lead the company.
Key Highlights
- Apollo-managed funds completed the acquisition of a majority stake in Prosol Group.
- Prosol Group is a multi-specialist in fresh food businesses and food retail in France.
- The stake was acquired from Ardian, a global private investment firm.
- Prosol's existing minority shareholders and management team reinvested alongside Apollo Funds.
- Prosol operates and/or supplies nearly 450 stores across France under Grand Frais and fresh. banners.
- Chief Executive Officer Jean-Paul Mochet will continue to lead Prosol.