Clean Break: the company completely halting Russian engagements or exiting Russia

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Castorama is a French retailer of DIY and home improvement tools and supplies, headquartered in Templemars, France, and is part of the British group Kingfisher plc, which has 101 stores in France and 90 in Poland.

 
 
 
 

Clean Break: the company completely halting Russian engagements or exiting Russia

Leave Withdrawal
Revenue(RF), mln.USD
213
Assets(RF), mln.USD
232
Capital(RF), mln.USD
203
Staff(RF), 2021
3184

Castorama's shareholders have sold their business before the war at the end of 2020. The remaining supermarkets operating under the Castorama brand are owned by Maxidom now. Probably (no official data) parties have the transition agreement according to which Maxidom is able to use the Castorama brand for 2-4 years, but Kingfisher (Castorama's parent company) doesn't have any benefits from the Russian market now.

The Company Statement
May 04, 2022

Worked, placing the recruitment ads but on behalf of the new owner (Maxidom), which still uses the Castorama brand.

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Statements Archive
June 26, 2023Kastorama RUS, LLC, TIN 7703528301 | Details, legal address, checkpoint, PSRN, location map, website, e-mail, phone
October 01, 2020Kingfisher plc completes sale of Castorama Russia to Maxidom
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