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Adeo

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Adeo, formerly Groupe Leroy Merlin, is a French holding company that groups together companies which sell consumer goods for bricolage and home decoration. It is majority-held by the Association familiale Mulliez.

Presentation

Adeo brings together various brands that are present in 21[1] countries through its 1,000 points of sale and 7 marketplaces.

History

In 1979, the Mulliez family acquired a stake in Leroy Merlin. In 1989, the Group expanded its operations to Spain.[2]

In 1994, the Group purchased Bricoman in Belgium from the Louis Delhaize Group.[3][4]

In 2003, the Group purchased Aki, Spanish and Portuguese stores.[5]

In 2007, the Mulliez Group changed its name from Leroy Merlin to Adeo to avoid confusion with one of its brands, Leroy Merlin[6].

Activities and locations

In 2023, ADEO owns 6 retail brands and is present in 21 countries around the world, with more than 1,000 stores[7].

References

  1. ^ "Number of Adeo employees worldwide from 2016 to 2023". Statista. May 8, 2024.
  2. ^ "Comment Leroy Merlin bâtit son avenir". Les Echos. September 22, 2016.
  3. ^ "Leroy Merlin abandonne la Belgique". La Libre. April 16, 2003.
  4. ^ "Leroy-Merlin choisit la voie de l'international". La Tribune. September 26, 2008.
  5. ^ "Leroy Merlin, inventeur et champion du bricolage". LSA. May 17, 2012. Retrieved September 4, 2024.
  6. ^ "Le groupe Leroy Merlin devient Groupe Adeo". LSA. February 22, 2007.
  7. ^ "Thomas Bouret prend la direction générale du groupe ADEO". Republik Retail. November 28, 2023.