Leroy Merlin is home improvement and gardening retailer serving several countries in Europe, Asia, South America, and Africa. French company, one of the largest European DIY retailers. Founded in 1923, it is part of the Adeo group, which belongs to the "Mulier Family Association".

Global 500, is an annual ranking of the top 500 corporations worldwide

Global 500

Top 100 largest companies in Russia by revenue

Top 100
Revenue(RF), mln.USD
Assets(RF), mln.USD
Capital(RF), mln.USD
Glob.Revenue, mln.USD
Staff(RF), 2021
Taxes(RF), mln.USD

The company entered the Russian market as a subsidiary of Leroy Merlin Vostok in 2004, has the largest network of DIY stores and is the leader in terms of revenue per square meter of retail space. Leroy Merlin Vostok is a system-forming enterprise of the Russian Federation that provides a high revenue part of the budget of the Russian Federation and a significant source of income for the Russian government, by which it supports actions aimed at violent change, the overthrow of the constitutional order, the seizure of state power, changes in the borders of the territory or the state border of Ukraine, encroachment on the territorial integrity and inviolability of Ukraine, thereby undermining democratic processes and institutions in Ukraine, threatening its peace, stability, security, sovereignty and independence. Revenue for 2021 amounted to 456.6 billion rubles, estmated revenue for 2022 is USD 7.7bn.

The Company Statement
February 20, 2024

On March 11, 2022 Leroy Merlin announced that it does not plan to reduce its operations in Russia, where it operates 143 stores. On March 17, 2022 they disconnected the Ukrainian office from corporate communications and announced that they would increase deliveries to the Russian Federation. Stopped new investments, imports, and financing in Russia. But the latest video investigation confirms that a French company is supporting Russia's war effort in Ukraine. On March 24, 2023 ADEO announces its intention to transfer control of Leroy Merlin Russia to the local management. The company Scenari Holding, registered in the United Arab Emirates, became the main owner of "Leroy Merlin Vostok", the Russian structure of the chain of stores, according to the data of the EGRUL. 12.2023: The record about the founder of JSC "BRICOLAGE INVESTISSMAN FRANCE" has been deleted from EGRUL. SCENARI HOLDING LP (UAE) becomes the new founder of the organization. 19.12.2023: The status of a legal entity is changed to "The legal entity is in the process of reorganization in the form of joining it with other legal entities." In the course of a detailed investigation, it turned out that the company signed a technical agreement on the alleged sale of the main business in Russia (SCENARI HOLDING LP from the UAE), but the CEO (Defassier Laurent, Louis, Claude) stayed the same since 2019, the company signs new contracts with the group and authorities of the Russian Federation (including the Ministry of Defence and the Ministry of Internal Affairs), trademarks are extended in Rospatent until 2031. In addition, as the L'Express investigation showed, SCENARI HOLDING LP has the same General Director as in Russia - Laurent Defassier, so the company used a tax optimization scheme, also called layering. Also, most of the imports in 2023 by Leroy Merlin Vostok in Russia was received from ADEO.

March 06, 2024The Leroy Merlin chain has changed the name of its Russian legal entity
February 07, 2024Defassier Laurent, Louis, Claude – TIN 772583829309
December 04, 2023The main owner of the Russian structure Leroy Merlin became a company from the UAE
December 01, 2023LLC "LEROY MERLIN VOSTOK" – Mytishchi – General Director Defassier Laurent, Louis, Claude – TIN 5029069967
October 02, 2023Leroy Merlin topped the ranking of the largest foreign companies according to Forbes
April 24, 2023Leroy Merlin has excluded the sale of its warehouses: the company does not sell warehouses and does not plan changes in its activities in Russia
April 24, 2023Leroy Merlin denied information about the sale of Russian assets
March 27, 2023French retailer Leroy Merlin says it will exit Russia
March 24, 2023The French company Leroy Merlin announced its intention to sell all its stores in Russia
March 24, 2023ADEO announces its intention to transfer control of Leroy Merlin Russia to the local management
March 24, 2023French DIY Retailer Leroy Merlin To Exit Russia
March 24, 2023French DIY retailer Leroy Merlin to transfer ownership of Russian business to management
March 24, 2023The owner of Leroy Merlin will transfer the Russian business to local management
February 22, 2023Ultimatum to Mulier: Auchan, Leroy Merlin and Decathlon will be checked in Russia for money laundering and asset stripping
February 21, 2023Letter sent by B4Ukraine to the company (no response provided)
February 17, 2023Video investigation: How a French company is supporting Russia's war effort in Ukraine
February 01, 2023Goodbye Leroy Merlin? Instead of the French, OLDI will open in the Retroville mall, and two thirds of the chain's stores in Ukraine are closed
January 29, 2023Leroy Merlin - International Sponsor of War
All company names used on this web page are for identification purposes only. All trademarks and registered trademarks are the property of their respective owners.
Company statements and statistical data are collected from open sources and official registers according to the methodology of the KSE Institute.