On April 21st, 2022, the Zouari Family Office closed the acquisition of Stokomani, a leading French specialist discounter of end-of-line brand-name products, from Sagard and Claminvest.
Rationale
- Build a leader in the French bargain market following the acquisition of Maxi Bazar
- Accelerate growth and digitalization as well as reinforce leadership, capitalizing on the in-depth retail expertise of the Zouari family
Stokomani at a glance
Founded in 1961 by Maurice Namani, Stokomani is a leading French specialist discounter of end-of-line brand-name products. The group has developed a unique business model, addressing 6 product universes (apparel & sportwear, hygiene and beauty (HPC), housewares, leisure & tech, seasonal and food products) from leading national brands or private labels. Stokomani is recognized for its attractive prices, good value proposition and its constantly renewed offering.
Key figures:
- €575m of revenue
- 127 stores
- More than 3.7m clients
- More than 3,000 employees
