Astorg
Astorg Partners, established in 1998, is a European private equity firm headquartered in Luxembourg with additional offices in Europe and the United States. The firm specializes in leveraged buyouts, growth capital, and family transmissions, focusing on mid-sized companies with enterprise values ranging from €20 million to €2 billion. Astorg invests globally, with a particular focus on France and the US, across various sectors including software, technology-based industrials, healthcare, manufacturing, and business services. The firm seeks to invest between €5 million and €500 million, typically holding a majority stake in its portfolio companies for a period of four to six years. Astorg partners with entrepreneurial management teams, providing strategic guidance and adequate capital to create value.
Picard Surgeles
Private Equity Round in 2001
Picard Surgelés SAS is a leading retailer of frozen food products in France, operating nearly 900 stores across the country, as well as offering online shopping and home delivery services. Founded in 1906 as Les Glacières de Fontainebleau, the company changed its name to Picard Surgelés in 1984 and is headquartered in Nemours, France. The product range includes vegetables, fruits, meat, fish, pastries, desserts, salads, and ready meals. Picard Surgelés utilizes advanced food preservation technology that transforms residual moisture in frozen foods into ice, thereby eliminating microorganisms and extending shelf life while maintaining quality, texture, and flavor. As a subsidiary of Picard Groupe SAS, the company also has branches in Luxembourg and Belgium.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at
support@teaserclub.com. Your feedback is most welcome.