Apollo Funds to Acquire Majority Stake in France’s Prosol Group

Reuters12-16 14:00

Apollo Funds to Acquire Majority Stake in France's Prosol Group

Apollo-managed funds have agreed to acquire a majority stake in Prosol Group, a leading French fresh food retailer, from Ardian. Prosol's existing shareholders and management team will reinvest alongside Apollo Funds. The transaction, which supports the growth of Prosol's proprietary fresh food model and aims to expand its distinctive retail concept across Europe, is expected to close in the second quarter of 2026, pending the satisfaction of closing conditions and regulatory approvals. Jean-Paul Mochet, Chief Executive Officer at Prosol, expressed enthusiasm for the new partnership, highlighting the opportunities for long-term growth with Apollo's support.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Apollo Global Management Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9602718-en) on December 16, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Prosol's existing shareholders and management team will reinvest alongside Apollo Funds. The transaction, which supports the growth of Prosol's proprietary fresh food model and aims to expand its distinctive retail concept across Europe, is expected to close in the second quarter of 2026, pending the satisfaction of closing conditions and regulatory approvals. Jean-Paul Mochet, Chief Executive Officer at Prosol, expressed enthusiasm for the new partnership, highlighting the opportunities for long-term growth with Apollo's support.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Apollo Global Management Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. 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