M&AConsumerBREAKING
Russia seizes control of Nestlé and Auchan operations
Acquirer
Russian Government
Target
Nestlé and Auchan operations in Russia
The Russian government has taken control of the local subsidiaries of Swiss food giant Nestlé and French distribution group Auchan. This marks the first crackdown on Western-owned assets since 2023.
✦ Meridian Analysis
This item describes a significant geopolitical event impacting Western businesses in Russia, effectively a forced nationalization or seizure of assets. While not a voluntary M&A transaction, it represents a change of control over corporate assets.
The Meridian Weekly
The week's largest deals and the Iberian ones, every Monday. Free.