mutares AG acquires Arc Distribution France Group (“ADF”)
On August 7th 2012, mutares AG acquired the Arc Distribution France Group (“ADF”) including all its French subsidiaries. ADF is a leading supplier of tableware and cookware brands in France and generated a turnover of EUR 90 million in 2011. The company currently employs about 320 people at its’ four sites.
The wide range of ADF’s well-known brands offers its customers a large selection of products for every end- consumer segment. The customer base of ADF consists of some of the most reputable French retailers, such as Carrefour, Intermarché, Auchan, Leclerc, Casino and Système U, as well as a number of specialized retailers and online-shops.
Robin Laik, founder and member of the executive board of mutares AG, states: “given the leading market position of ADF, combined with the strong brand recognition of its product labels Luminarc, Pyrex®* and Cristal d’Arques®, we are confident that ADF will realize its growth potential and further expand its position as the market leader”.
The Arc International Group sold ADF as part of its strategic reorganization program.