mynth
12/2025

PROSOL acquired by APOLLO GLOBAL MANAGEMENT

FRANCE Retail / Food Retail / General Grocery EV €1–10bn

Context

The American fund Apollo has just acquired a majority stake in Prosol, the fruit, vegetable, seafood, and dairy products division of the Grand Frais chain. The objective: to increase the number of points of sale.

It is worth noting that the fund Ardian took control of Prosol through an LBO in 2017.

PROSOL, which reported an EBITDA margin of [members only] in 2024, is valued in this transaction at an EV/EBITDA multiple of 10x–18x, representing a discount to the average currently observed in the Retail & Consumer sector (11.9x).

-> Deep-dive in Retail & Consumer market trends

Target

Prosol is the Corporate and logistical powerhouse behind the successful "Grand Frais" retail concept in France. The group operates as a multi-specialist vertically integrated leader, managing the core fresh product categories—Fruits & Vegetables, Dairy, and Seafood—within the Grand Frais stores. Prosol has built a proprietary, high-performance supply chain sourcing from over 2,300 partners, ensuring unmatched freshness and traceability. Beyond its partnership in Grand Frais, Prosol fully owns the "Fresh." banner and operates brands like La Boulangerie du Marche, mon-marche.fr, and BioFrais. With nearly 450 points of sale and a workforce of approximately 10,000 people, Prosol has become a national champion in the premium fresh food segment.

Ent. Value

€1–10bn

Equity Value

[members only]

Multiples

EV / Revenue

below 1.5x

EV / EBITDA

10x–18x

EV / EBIT

[members only]

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2024
€1–10bn
€250–500M
[members only]
2023
€1–10bn
€250–500M
[members only]

Other operations with PROSOL

Other operations with PROSOL

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
DateAcquirerTargetCountrySector
03/2017ARDIANPROSOLFRANCEGeneral Grocery

REFERENCES

Valuation range: EV €1–10bn

Revenue range: €1–10bn

EBITDA range: €250–500M

EV/Revenue range: below 1.5x

EV/EBITDA range: 10x - 18x

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of PROSOL by APOLLO GLOBAL MANAGEMENT are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Acquirer: apollo global management