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Fnac Darty Moves to Sell Nature & Découvertes as Kretinsky Launches Takeover Bid

The retailer reclassified the banner as held for sale after repeated setbacks despite efforts to revive the business.

Overview

  • Fnac Darty said it has started an active search for a partner and classified Nature & Découvertes as an asset held for sale under IFRS 5.
  • The company reported preliminary 2025 revenue of about €10.3 billion with a slight increase in recurring operating income to €203 million.
  • Management said trading in France, which represents nearly 60% of activity, declined 0.6% in the fourth quarter, while other European markets performed well.
  • CEO Enrique Martinez said the Covid period caused a “rupture of the model” for the chain but expressed confidence in finding buyers.
  • The sale process was announced alongside a public offer from major shareholder Daniel Kretinsky, which the board welcomed as the shares jumped in early trading.