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

    Le Monde (English)
    October 8, 2026
    via Le Monde (English)

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    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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