French delicatessen Fauchon bought by Breton biscuit firm
Breton group Galapagos has bought out Fauchon, which had seen business hit by the pandemic – Copyright AFP Eyad BABA
French gourmet food and delicatessen company Fauchon said Tuesday it has been bought out by Galapagos, a Brittany-based biscuit maker.
The luxury grocer, owned since 2004 by Eucelia Investments, has racked up debts after years of losses, with the Covid pandemic also taking a heavy toll.
“Eucelia Investments SA, investment company of the Ducros family, has chosen to sell the company to the Tacquard family at the head of the Breton group Galapagos,” according to
