Russian assets of Nestlé, Auchan and former Leroy pass to sole company

Russian assets of Nestlé, Auchan and former Leroy pass to sole company

The assets in the Russian Federation of Swiss Nestlé, French Auchan and Leroy Merlin, renamed Lemana Pro in 2024 in this country, were transferred to the same Russian society, according to a decree of Vladimir Putin published today.

© FABRICE COFFRINI/AFP via Getty Images


17/09/2026
by

Lusa

Aparts of these companies were transferred to L.E.V. Management.

 

After the Russian invasion of Ukraine in 2022 and the first economic sanctions imposed by Westerners, numerous multinationals left the Russian Federation and others or suspended activities or were transferred to Russian societies.

Auchan and former Leroy Merlin, belonging in France to the Mulliez family, are popular in the Russian Federation, where they have dozens of establishments.

The Russian branch of another agro-food conglomerate, Danone, had been appropriated by the Russian state in 2023 and then resold to a nephew of Chechen leader Ramzan Kadyrov.

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