Today, the acquisition of Pro à Pro by METRO AG Wholesale & Food Specialist Company was officially closed. With this step, the French Food Service Distribution (FSD) specialist for professional customers now formally belongs to METRO GROUP. In the run-up to the closing, the transaction was approved by the French Competition Authority (FCA).
"We are delighted to commence operations with Pro à Pro. This acquisition will further strengthen our FSD profile for professional customers and our overall wholesale positioning in France", said Philippe Palazzi, Member of the Operating Board of METRO Cash & Carry and Operating Partner France, Spain and Portugal.
In July 2016, METRO GROUP announced that it had signed an agreement with Colruyt Group to acquire Pro à Pro. Pro à Pro is one of the most important FSD providers in France offering direct food delivery services to a range of different customer groups. The company has around 42,000 customers in France and focuses on canteens in the public and private sector as well as major contract caterers, chained and independent restaurants. In 2015, Pro à Pro generated sales of around €670 million.
Dries Colpaert, General Manager of Colruyt France and Foodservice: "The transaction is very good for the customers, employees and all other stakeholders of Pro à Pro. Indeed, with METRO GROUP's support Pro à Pro can become one of the leading foodservice distribution providers in France."
The transaction comprises the operational business as well as the warehouse locations, logistics platforms and the truck fleet of Pro à Pro. The brand Pro à Pro will be fully retained.