The Zouari Group has announced its intentions to acquire France's Bio c'Bon chain, which specialises in the distribution of organic products, according to local media reports.
The chain, which currently boasts 158 stores and 1,500 employees, was founded in 2008 by Thierry Brissaud and has grown to become the third largest organic retail banner in France.
The chain also operates forty foreign stores, in Belgium, Italy, Japan, Spain and Switzerland.
Commenting on the group’s plans, Moez-Alexandre Zouari said, "Bio c'Bon is on top of the two fundamental trends in the French food sector: the need for proximity and the need for food quality."
The chain would be added to the Zouari Group’s portfolio, which already includes frozen food specialist Picard, which it acquired last year.
The group also manages a number of Casino Group outlets (under the Franprix and Monoprix names) across France.
© 2020 European Supermarket Magazine – your source for the latest retail news. Article by Elizabeth Schroeder. Click subscribe to sign up to ESM: European Supermarket Magazine