The Pinault group goes public to "go faster, further"

The Pinault group goes public to "go faster, further"

Report on the company’s very discreet Breton businessman François PINAULT, 52, became in 25 years the number Un du bois after a start in the family sawmill, it controls all stages and all sectors of the timber industry from logging to mass distribution. In an interview, François PINAULT explains how he intends to accelerate his development, "go faster, go further" which explains their entry on the stock market, the objective being to modernize the tools, increase their number of sales points and develop in Southern Europe. The group bought Isoroy, a plywood specialist, which was in bankruptcy and three years later contributed 91 million francs to the group’s profits. The paper mills of La Chapelle DARBLAY bought last year in deficit expected to make profits by the end of the year.

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File : François Pinault

Publication date : 13 October 1988