French DIY retailer Leroy Merlin to transfer ownership of Russian business to management

Leroy Merlin says he wants to give up control of his stores in Russia

The chain of construction materials, gardening and decoration stores announced its “intention to give up control” of the company 18 years ago in Russia, its second largest market after France.

Rebranding of Leroy Merlin stores in Russia can be discussed after change of management

The DIY hypermarket chain Leroy Merlin continues working in Russia as normal and maintains jobs after its owner’s announcement of the sale of stores in the country

French DIY retailer Leroy Merlin to transfer ownership of Russian business to management

PARIS -- French DIY retailer Leroy Merlin, which employs 45,000 people in Russia, intends to hand over ownership of operations in the country to local management, its parent company ADEO said on Friday.

French DIY retailer Leroy Merlin to transfer ownership of Russian business to management

PARIS -French DIY retailer Leroy Merlin, which employs 45,000 people in Russia, intends to hand over ownership of operations in the country to local management, its parent company ADEO said on Friday. Leroy Merlin is owned by the Mulliez family, which is also behind French sporting goods chain Decathlon and food retailer Auchan, both of which continue to operate in Russia. "We are

French DIY Retailer Leroy Merlin to Cede Control of Russian Stores

The French home improvement retailer Leroy Merlin will transfer control of its stores in Russia to local management, parent company ADEO announced Friday, more than a year since the invasion of Ukraine triggered an exodus of Western businesses.

Leroy Merlin announces that it wants to sell all its stores in Russia

More than a year after the start of the conflict in Ukraine, Leroy Merlin has announced that it wants to sell all of its stores in Russia to “local management”.