Where next for Picard?

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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Where next for Picard?

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