Who is Francois Fiat?
Francois Fiat was born in 1948. He is married to Genevieve Baud, the daughter of the late Jean Baud. Baud founded the French retail chains Franprix and Price Leader. Fiat was a director at Franprix. Price Leader has 500 stores in France.
In 1997 the Casino Group acquired a majority stake in Jean Baud’s company for approx. EUR 430 million (USD 500 million). In 2009 the remaining shares were acquired for another EUR 428 million (USD 500 million).
Baud was also the founder of TLC Beatrice International Holdings. TLC Beatrice was an international food and grocery products company with operations principally in western Europe.
The Company’s operations were comprised of two segments: Food Distribution and Grocery Products.
Food Distribution operations were concentrated in the wholesale and retail distribution of dry groceries, beverages, household products, and frozen food in France, while its Grocery Products segments manufactured and marketed ice cream and desserts, potato chips, snacks, and beverages in selected major western European markets.
His net worth is $ 300 million.