Surcouf

Surcouf is a small outpost of the PPR empire. It's been up for sale for over a year, and now it appears to have found a buyer - Hughes Mulliez, a scion of the retailing family which owns majority stakes in Auchan, Boulanger and many other chains. Hughes Mulliez founded the electronics chain Youg's about 10 years ago. The holding company - L'Association Familiale Mulliez - makes the extended Mulliez family one of the richest in France.