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EXCLUSIVEBRANDSOURCING RETAILER/WHOLESALER ...

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www.picard.fr<br />

Total Fiscal 2010 Sales: $1.5 Billion (€ 1.1 Billion)<br />

Percentage of Sales in Exclusive Brands: 98%<br />

Principal Business: Picard Surgelés, which was established in 1962, opened its first store in 1974.<br />

Today, it is a leading specialized retailer in the French frozen food market, operating some 820<br />

stores in France, which sell a wide range of foods: 40 varieties of vegetables, 30 of fruits and fruit<br />

salads, 130 seafood, 150 entrees, 200 dishes, 70 pastries, and 200 ice and frozen desserts. Some<br />

98% of its products are produced in-house. The company also operates about 28 Picard stores in<br />

Italy and operates a home delivery service. That service is available in Barcelona, Spain, and in<br />

three cities in Belgium (Brussels, Mons, and Charleroi) as well.<br />

EB Identities: Picard<br />

EB skus: 1,000+ (under nine product categories)<br />

Profile: Ownership of Picard has varied over the years. In 1973, Armand Decelle bought the<br />

company from the Picard family. By 1994, Carrefour controlled 79% of Picard, operated as its<br />

frozen food division (managed by Mr. Decelle); but in 2001,Picard was then sold to Candover<br />

Investments in the UK. In 2004, BC Partners took control of the company. New investors entered<br />

in October 2010, led by Lion Capital of London, purchasing the chain for € 1.5 billion, including<br />

debt. The chain of stores has grown rapidly in this Century, up from about 440 outlets in 2000 to<br />

its present store count well above 800.<br />

Procurement Contacts: Delphine Courtier<br />

PICK ‘N PAY<br />

Pick ‘n Pay Office Park, 101 Rosmead Ave., Kenilworth, Cape Town 7708 SOUTH AFRICA<br />

Tel: +27 (021) 658-1000<br />

Fax:+27 (021) 797-0314<br />

www.pnp.co.za<br />

Total Fiscal 2011 Group Sales: $7.1 Billion (R 51.9 Billion) +5.9%

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