How the Kremlin is orchestrating the takeover of Russian assets from Leroy Merlin, Auchan, Nestlé, and FM Logistic
Le Monde · 8 Oct 2026

How the Kremlin is orchestrating the takeover of Russian assets from Leroy Merlin, Auchan, Nestlé, and FM Logistic

Vladimir Putin said the stores could return to their Western owners. In reality, Moscow is arranging their confiscation through a shell company. After placing them 'under temporary administration,' the assets are expected to be distributed among Kremlin-aligned companies.


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