tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Apollo Global to acquire majority stake in Prosol Group, terms undisclosed

Apollo announced that Apollo-managed funds have agreed to acquire a majority stake in Prosol Group from Ardian. Prosol’s existing shareholders and management team will reinvest alongside the Apollo Funds. Prosol operates nearly 450 stores across France under two main banners: Grand Frais, where it provides the fruits, vegetables, dairy and fish; and Fresh., a fully owned chain of stores that sell fruits, vegetables, dairy, fish, and meat. Prosol’s portfolio of retail brands also includes La Boulangerie du Marche, mon-marche.fr, BioFrais, and Banco Fresco in Italy. The transaction is subject to satisfaction of certain closing conditions, including regulatory approvals, and is expected to close in Q2 2026.

Claim 50% Off TipRanks Premium and Invest with Confidence

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1