Family Office Zouari
Also known as Zouari Family Office, Groupe Zouari, Invest Groupe Zouari, IGZ
Zouari family office: 350+ food stores (Franprix, Monop’ and others), reference shareholder of Picard Surgelés via IGZ since 2020, a Teract stake and a €250M property portfolio.
USEFUL FOR Business owners seeking a long-term partner · Co-investors
Holding and family office of Moez-Alexandre and Soraya Zouari (Groupe Zouari, food retail). Controls Invest Groupe Zouari (IGZ), the Picard Surgelés shareholder.
Family & background
- FAMILY
- Zouari
- WEALTH ORIGIN
- Food retail (Franprix, Monop’ and other stores; Picard Surgelés)
- HEADQUARTERS
- Paris, France
Investment approach
- GEOGRAPHY
- France
- STAGES
- Buyout
- ROUTES
- Companies (own capital)
- STRATEGIES
- Direct investmentsReal estate
Overview
Family Office Zouari is the holding structure of the Zouari family, whose group grew from a first Franprix store opened in 1998 into more than 350 stores under the Franprix, Monop’, Monoprix, Casino, Stokomani and Maxi Bazar banners, operated through its holdings IMANES and HGZ. Through Invest Groupe Zouari (IGZ), which it controls, it has been a reference shareholder of Picard Surgelés since 2020 (joint control with Lion Capital cleared by the French competition authority in January 2020), backed by financial partner ICG, and on 30 September 2024 signed a put option to buy Lion Capital’s stake so that IGZ would hold 100%. It is also a shareholder of Teract and co-founder of 2MX Organic, and holds commercial real estate valued at €250M.
Holdings & investments (3)
- Picard SurgelésNOTABLEConsumer & E-commerce · since 2020
- Food & Agriculture
- 2MX Organic
People
Frequently asked questions
Family Office Zouari is a family holding based in Paris, France.
Family Office Zouari invests on behalf of the Zouari family (Food retail (Franprix, Monop’ and other stores; Picard Surgelés)).
Family Office Zouari invests its own capital into companies. Its stated asset mix includes direct investments and real estate.
Family Office Zouari invests at Buyout stage in Consumer & E-commerce, Food & Agriculture and Real Estate & PropTech.
Key people at Family Office Zouari include Moez-Alexandre Zouari (Founder and President), Soraya Zouari (Co-founder of the group) and Edouard Lacoste (Chief Executive Officer of the Family Office).
Family Office Zouari's holdings and investments include Picard Surgelés, Teract and 2MX Organic.
The most recent publicly reported investment by Family Office Zouari is Picard Surgelés (Put option signed to buy Lion Capital’s stake (IGZ to hold 100%)), announced in Sep 2024.