Who are the new Picard shareholders?

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14 November 2019 à 15h51

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Publication: 14 November 2019 à 15h51

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14 November 2019 à 15h51

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Publication: 14 November 2019 à 15h51

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As discreet as influent, these individuals are unknown to the public but have a fair legacy of success as convenience store experts. Moez-Alexandre and Soraya Zouari, who own the eponymous Zouari company, have invested to takeover 43% of Picard Surgelés alongside the British investment fund Lion Capital LLP. In 2018, the French frozen food specialist (950 stores, sales of €1.4 billion in the last financial year) controlled 19% of the home market for frozen products. Over 20 years, this...

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