PROSOL acquired by APOLLO GLOBAL MANAGEMENT
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)
Other operations with PROSOL
Other operations with PROSOL
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 03/2017 | ARDIAN | PROSOL | FRANCE | General Grocery |
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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