LONDON, January 19, 2026 – Proskauer advised the financing sources in connection with the agreement by Apollo-managed funds to acquire a majority stake in Prosol Group (“Prosol”), a leading French fresh food retailer, from Ardian.

Apollo has agreed to acquire a majority stake in Prosol, with existing shareholders and the management team also agreeing to reinvest. Prosol is a vertically integrated specialist in the fresh food and food retail businesses, operating nearly 450 stores across France under the Grand Frais and Fresh brands.  

The cross-border Proskauer team was led from London by partners Philip Bowden and Warren Newton (Global Finance) and Jake Keaveny and Courtland (Court) Tisdale (Capital Markets). The team also included Paris-based partner Maud Manon (Global Finance) and Gwenaël Kropfinger (Tax), counsel Pierre Tardivo (Global Finance), as well as associates Sonali Kapoor, Suktika Banerjee and Rebecca Xiao (Global Finance) and special counsel Morgan Hill (Capital Markets).

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