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".
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.
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.
|October 02, 2023||Leroy Merlin topped the ranking of the largest foreign companies according to Forbes|
|April 24, 2023||Leroy Merlin has excluded the sale of its warehouses: the company does not sell warehouses and does not plan changes in its activities in Russia|
|March 27, 2023||French retailer Leroy Merlin says it will exit Russia|
|March 24, 2023||The owner of Leroy Merlin will transfer the Russian business management|
|March 24, 2023||The French company Leroy Merlin announced its intention to sell all its stores in Russia|
|March 24, 2023||French DIY Retailer Leroy Merlin To Exit Russia|
|March 24, 2023||French DIY retailer Leroy Merlin to transfer ownership of Russian business to management|
|March 24, 2023||The owner of Leroy Merlin will transfer the Russian business to local management|
|February 22, 2023||Ultimatum to Mulier: Auchan, Leroy Merlin and Decathlon will be checked in Russia for money laundering and asset stripping|
|February 21, 2023||Letter sent by B4Ukraine to the company (no response provided)|
|February 17, 2023||Video investigation: How a French company is supporting Russia's war effort in Ukraine|
|February 01, 2023||Goodbye 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, 2023||Leroy Merlin - International Sponsor of War|