Where next for Picard?
French frozen food retailer Picard is set to be acquired by private-equity firm Lion Capital. Its successful business model now looks set to expand, both in France and abroad.
Analysis: Will Picard's unique proposition translate abroad?
27 July 2010
France's largest frozen food retailer Picard is being sold to Lion Capital in a deal that is rumoured to be worth EUR1.5bn (US$1.94bn), including debt, a move that analysts have described as a positive one for the private-equity house.
FRANCE: Picard to be sold to Lion Capital
26 July 2010
French frozen food retailer Picard will be sold by private-equity firm BC Partners to another fund, Lion Capital.
US: Teamsters warns Picard Surgeles over private-equity interest
5 July 2010
A US union has warned workers at French frozen food manufacturer Picard Surgeles about the impact of a possible takeover by private-equity firm Clayton, Dubilier & Rice (CD&R).
FRANCE: Owner mulls sale of frozen retailer Picard Surgeles
25 May 2010
Private-equity fund BC Partners is mulling the sale of its majority stake in Picard Surgelés – one of several options it is considering for the French frozen foods retailer it acquired in 2004.
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