fbpx
Wikipedia

Michel Ducros

May 08, 2024

Michel Ducros (born 1949) is a French entrepreneur at the head of the French delicatessen company Fauchon, and yacht services company Monaco Marine. He is the former chairman and CEO of Ducros, a family business based on spices and mixed herbs, and still invest in several international companies.[1]

Early life edit

Born in 1949 in Kehl, southwest Germany, from a father officer in the French army and a mother teacher,[2] Michel Ducros was raised in Buis-les-Baronnies, a village in the Drome region of the southeast of France, where his grandfather harvested lime-tree leaves and lavender, used in herbalism. In 1963 his father Gilbert Ducros, and his uncle Marc Ducros, founded the eponymous family business that sold spices and mixed aromatic herbs.[3]

Career path edit

At Ducros Company (1971 to 1992) edit

After he graduated from college in Paris, Ducros joined the family business in 1971, where he was successively sales manager, and then marketing director between 1971 and 1985, and launched the first TV advertising campaign of the company. He created foreign branches in Italy, Spain, Belgium, Portugal and Canada, and the company became the first spices brand in Europe. He became chairman of the company in 1986, until the sale of the Ducros company in 1992 to the Italian group Ferruzzi.[4][5]

He created in 1976 the brand Vahiné, which became within ten years the first brand of ingredients for home-made pastry, and in 1981 the brand La Tisanière, the first French brand for herbal tea.[6]

At Monaco Marine (since 1995) edit

Passionate sailor and dissatisfied with artisanal maintenance services,[7] Ducros founded the company Monaco Marine in 1995, through the acquisition of a small company "PowerBoat" servicing yachts in the port of Monaco, which offered a marina service for berths, winter storage, and maintenance. Monaco Marine developed a network of shipyards in Saint Laurent du Var, Beaulieu sur Mer, Antibes and Cogolin, all in the south of France. He entered in 2002 into a partnership with the public company of the port of La Ciotat to build the largest dry paint shed in Europe and a maintenance and refit network for mega-yachting industry, inaugurated in September 2007.[8] In 2012, Monaco Marine acquired a long-standing family shipyard in the region, based in Antibes.[9] Monaco Marine launched in 2016 a new shipyard in La Seyne, in the Toulon bay, that should open in September 2017.[10]

Michel Ducros developed steadily Monaco Marine over the years : Monaco Marine had sales of 31 million Euros ($40 million) in 2003 and 50 million Euros ($60 million) in 2015, with nearly 200 employees.[11][12]

At Fauchon (since 1998) edit

Ducros invested in Fauchon in 1998 along with other shareholders. He took first a minority interest (10%) in the company,[13] and, at the request of the shareholders, will buy out most of the other shareholders until 2009, including the minority shareholdings,[14] till holding almost all the capital.[15] He became chairman and CEO of Fauchon in January 2004.

When he took the CEO job in 2004,[14] Fauchon is on the verge of bankruptcy.[16] Michel Ducros immediately attended to redress the operating imbalance,[17] and repay the debts. Loss-making assets are sold[18][19][20][21][22] and Fauchon cut back its workforce.[23]

Michel Ducros set up a new Executive Committee to resolve the company's situation and organized the repositioning and new branding strategy, while developing the international presence.[24][25] Balanced in 2009-2010 and out of debts, the brand increased its revenue, mainly abroad.[26] Fauchon posted in 2013 an operating profit of €900,000 on sales of €50 million,[27] with nearly thousand employees.[28]

Eleven years after the takeover of Fauchon, Michel Ducros still strengthen the group[29] and pursue the international development of the brand, which succeed its installation in the Middle East, where there are, in May 2016, 25 stores and restaurants.[30]

In September 2015, Michel Ducros opt for a new strategy for Fauchon, and set up a joint venture to establish and manage its first five-star hotel in downtown Paris, Place de la Madeleine.[31] It should open in January 2018 and aims to become the reference for the next Fauchon Hotels in the world.[32]

Investment and shareholding edit

After the sale of the Ducros's family spice business by his father and his uncle, Michel Ducros started his own investments, taking a majority shareholding of a French lighting fixture retailer, Laurie Lumière, that he developed between 1991 and 2008.[33]

He founded his own investment Holding, Eucelia Investments SA, in 1992, which enable Michel Ducros to create Monaco Marine and take stakes in Fauchon.[34]

Michel Ducros develop companies in many fields, as real estate and frozen mushrooms, through the companies Immovalor S.C.A.[35] and Magda SAS.

Public life edit

Ducros is a resident of Yens, Switzerland.[36] He is married to a French tax lawyer and he has four children. He appointed his son Tanguy at the head of the Monaco Site of his Monaco Marine Company.[37] Ducros also hired his son-in-law, Samy Vischel, to run the Fauchon's expansion in the Middle East, India, Russia and Africa.[38]

In 2010, Ducros is suspected for influence peddling,[39][40] as part of a housing project and a retirement home in the town of La Ciotat.[41][42][43][44] Twenty people have already been indicted and the case is still open.[40]

Sources edit

  1. ^ Source: le Journal du Dimanche "Fauchon cherche des investisseurs"
  2. ^ Les Échos, 23/12/2007, Décès de Gilbert Ducros, fondateur des épices Ducros
  3. ^ Source: Ducros.fr company website, Le Secret des Epices, La Saga Ducros (The secret of spices, The Ducros saga), Page seen on July 20, 2014
  4. ^ Le Point magazine, Issue #1665, January 17, 2007 "Les nouvelles recettes de Michel Ducros" 2014-10-25 at the Wayback Machine
  5. ^ L'Express magazine, Article of August 9, 2007, page 44–46, "Quand Ducros se jette à l'eau" (When Ducros takes a dive), Page Seen on October 9, 2009
  6. ^ Les Échos, 21/11/2013 : "Michel Ducros, des épices à l'épicerie"
  7. ^ Les Echos, 16/09/1996, L'« épicier » Michel Ducros jette l'ancre à Monaco
  8. ^ Source: L'Express magazine, Article of August 9, 2007, pages 44-46, "Quand Ducros se jette à l'eau" (When Ducros takes a dive), Page seen on October 9, 2009
  9. ^ Source: Monaco Marine website , Page seen on August 3, 2014
  10. ^ Le Seynois, Monaco Marine : ouverture en septembre 2017
  11. ^ Chiffres clés Archived 2016-06-10 at archive.today
  12. ^ Source: La Tribune, article of June 6, 2012 "Monaco Marine Etend son Empreinte Maritime (Monaco Marine extends its Reach)", Page seen on August 1, 2014
  13. ^ Source: Le Figaro Entreprises magazines, Article of Monday January 19, 2004, "Michel Ducros : Des épices, des yachts et Fauchon" (Michel Ducros: Spices, yachts, and Fauchon)
  14. ^ a b Source: Le Point magazine, Issue #1933, Article of October 8, 2009, "Fauchon version fashion" 2015-04-02 at the Wayback Machine
  15. ^ Source: Le Point, no. 1933, 8 October 2009, “Michel Ducros est propriétaire de plus de 90 % de son affaire”
  16. ^ Source: Le Figaro newspaper, Issue #18571, of April 21, 2004, "Fauchon vise l'équilibre cette année"
  17. ^ Source : Reuters,
  18. ^ Source: The New York Times, Article of June 11, 2004, "New York: Manhattan: Fauchon Closing 2 Of 3 Stores", Page seen on October 11, 2009
  19. ^ Source: The New York Times, Article of April 23, 2006, "Demolition Plans Pit Developer Against Chocolatier", Page seen on October 11, 2009
  20. ^ Source: Les Echos newspaper, Issue #19268, Article of October 19, 2004, "Fleury-Michon acquiert les plateaux-repas de Fauchon", Page seen on October 11, 2009
  21. ^ Source: Le Figaro newspaper, Article of May 19, 2005, Page seen on October 8, 2009
  22. ^ Source: The New York Times, Article of May 20, 2005, by Elaine Sciolino "Fauchon's Food Empire Cedes Territory to a Rival"
  23. ^ Source: L'Express magazine, Article of January 17, 2008, page 75, "Fauchon, L'épicier chic et choc", by Corinne Scemama [1]
  24. ^ Source: Le Point magazine, Issue #1933, Article of October 8, 2009, by Domitille Arrivet "Fauchon version fashion" 2015-04-02 at the Wayback Machine
  25. ^ Source : "Comment Fauchon s’est redressé malgré la crise" 20 décembre 2013 [2]
  26. ^ Source: Reuter, article of September 18, 2013, , Page seen on January 1, 2014
  27. ^ Source: Reuter, Article of September 18, 2013, , Page seen on January 1, 2014
  28. ^ Source : le Journal du dimanche, 29 juin 2014 "Fauchon cherche des investisseurs" [3]
  29. ^ les Echos, 11/09/2015, L'épicier Fauchon se lance dans l'hôtellerie de luxe
  30. ^ Reuters, 11/09/2015, Fauchon se diversifie dans l'hôtellerie haut de gamme
  31. ^ Bloomberg, 16/01/07, "Fauchon, Esprit de France Launches Five-Star Hotel in Paris"
  32. ^ Les Echos, 11/09/2015, "L'épicier Fauchon se lance dans l'hôtellerie de luxe"
  33. ^ Le Point, 17/01/2007 : "Les nouvelles recettes de Michel Ducros" 2014-10-25 at the Wayback Machine
  34. ^ Source: Le Point magazine, Issue #1665, Article published on January 17, 2007, "Les nouvelles recettes de Michel Ducros" (The new recipes of Michel Ducros)
  35. ^ Source: Memorial, Journal Officiel du Grand-Duché du Luxembourg “Immovalor S.C.A.”, Page seen on July 25, 2014
  36. ^ Source: Mémorial, Journal Officiel du Grand-Duché du Luxembourg, C — N° 1620 of August 21, 2009
  37. ^ Source: Monaco Marine corporate website, "Monaco Marine Contact and Bio Information" 2015-04-02 at the Wayback Machine, Page seen on August 10, 2014
  38. ^ Source: Le Journal Du Dimanche, Article of June 29, 2014 "Fauchon cherche des investisseurs" (Fauchon is looking for investors), Page seen on June 30, 2014
  39. ^ Source: Le Monde newspaper, article of January 30, 2013 "Affaire Guerini: Le Patron de Fauchon Mis en Examen" (Guerini Case, the CEO of Fauchon indicted), Page seen on July 1, 2014
  40. ^ a b Source: L'express Magazine website, article of January 30, 2013 "Affaire Guerini: Le Patron de Fauchon Mis en Examen dans un Volet du Dossier" (Guerini Case: the CEO of Fauchon indicted in Part of the Case), Page seen on July 2, 2014
  41. ^ Source: Cielj.net on Wednesday, January 30, 2013, "Marseille boss Fauchon indicted in one aspect of the case Guerin" [4]
  42. ^ Source: La Provence newspaper, article of January 29, 2013 "Affaire Guerini: Le Patron de Fauchon Mis en Examen" (Guerini Case, the CEO of Fauchon indicted), Page seen on June 30, 2014
  43. ^ Source: Le Nouvel Obs magazine, article of January 30, 2013 "Affaire Guerini: Le Patron de Fauchon A son Tour Mis en Examen" (Guerini Case, the CEO of Fauchon is Also Indicted), Page seen on July 2, 2014
  44. ^ Source: Le Point Magazine, article of January 30, 2013, "Affaire Guerini: Le Patron de Fauchon Mis en Examen" (Guerini Case: the CEO of Fauchon indicted), Page seen on July 1, 2014

External links edit

These are the main links to the companies specifically cited in the article above:

  • Fauchon

May 08, 2024
michel, ducros, born, 1949, french, entrepreneur, head, french, delicatessen, company, fauchon, yacht, services, company, monaco, marine, former, chairman, ducros, family, business, based, spices, mixed, herbs, still, invest, several, international, companies,. Michel Ducros born 1949 is a French entrepreneur at the head of the French delicatessen company Fauchon and yacht services company Monaco Marine He is the former chairman and CEO of Ducros a family business based on spices and mixed herbs and still invest in several international companies 1 Contents 1 Early life 2 Career path 2 1 At Ducros Company 1971 to 1992 2 2 At Monaco Marine since 1995 2 3 At Fauchon since 1998 3 Investment and shareholding 4 Public life 5 Sources 6 External linksEarly life editBorn in 1949 in Kehl southwest Germany from a father officer in the French army and a mother teacher 2 Michel Ducros was raised in Buis les Baronnies a village in the Drome region of the southeast of France where his grandfather harvested lime tree leaves and lavender used in herbalism In 1963 his father Gilbert Ducros and his uncle Marc Ducros founded the eponymous family business that sold spices and mixed aromatic herbs 3 Career path editAt Ducros Company 1971 to 1992 edit After he graduated from college in Paris Ducros joined the family business in 1971 where he was successively sales manager and then marketing director between 1971 and 1985 and launched the first TV advertising campaign of the company He created foreign branches in Italy Spain Belgium Portugal and Canada and the company became the first spices brand in Europe He became chairman of the company in 1986 until the sale of the Ducros company in 1992 to the Italian group Ferruzzi 4 5 He created in 1976 the brand Vahine which became within ten years the first brand of ingredients for home made pastry and in 1981 the brand La Tisaniere the first French brand for herbal tea 6 At Monaco Marine since 1995 edit Passionate sailor and dissatisfied with artisanal maintenance services 7 Ducros founded the company Monaco Marine in 1995 through the acquisition of a small company PowerBoat servicing yachts in the port of Monaco which offered a marina service for berths winter storage and maintenance Monaco Marine developed a network of shipyards in Saint Laurent du Var Beaulieu sur Mer Antibes and Cogolin all in the south of France He entered in 2002 into a partnership with the public company of the port of La Ciotat to build the largest dry paint shed in Europe and a maintenance and refit network for mega yachting industry inaugurated in September 2007 8 In 2012 Monaco Marine acquired a long standing family shipyard in the region based in Antibes 9 Monaco Marine launched in 2016 a new shipyard in La Seyne in the Toulon bay that should open in September 2017 10 Michel Ducros developed steadily Monaco Marine over the years Monaco Marine had sales of 31 million Euros 40 million in 2003 and 50 million Euros 60 million in 2015 with nearly 200 employees 11 12 At Fauchon since 1998 edit Ducros invested in Fauchon in 1998 along with other shareholders He took first a minority interest 10 in the company 13 and at the request of the shareholders will buy out most of the other shareholders until 2009 including the minority shareholdings 14 till holding almost all the capital 15 He became chairman and CEO of Fauchon in January 2004 When he took the CEO job in 2004 14 Fauchon is on the verge of bankruptcy 16 Michel Ducros immediately attended to redress the operating imbalance 17 and repay the debts Loss making assets are sold 18 19 20 21 22 and Fauchon cut back its workforce 23 Michel Ducros set up a new Executive Committee to resolve the company s situation and organized the repositioning and new branding strategy while developing the international presence 24 25 Balanced in 2009 2010 and out of debts the brand increased its revenue mainly abroad 26 Fauchon posted in 2013 an operating profit of 900 000 on sales of 50 million 27 with nearly thousand employees 28 Eleven years after the takeover of Fauchon Michel Ducros still strengthen the group 29 and pursue the international development of the brand which succeed its installation in the Middle East where there are in May 2016 25 stores and restaurants 30 In September 2015 Michel Ducros opt for a new strategy for Fauchon and set up a joint venture to establish and manage its first five star hotel in downtown Paris Place de la Madeleine 31 It should open in January 2018 and aims to become the reference for the next Fauchon Hotels in the world 32 Investment and shareholding editAfter the sale of the Ducros s family spice business by his father and his uncle Michel Ducros started his own investments taking a majority shareholding of a French lighting fixture retailer Laurie Lumiere that he developed between 1991 and 2008 33 He founded his own investment Holding Eucelia Investments SA in 1992 which enable Michel Ducros to create Monaco Marine and take stakes in Fauchon 34 Michel Ducros develop companies in many fields as real estate and frozen mushrooms through the companies Immovalor S C A 35 and Magda SAS Public life editDucros is a resident of Yens Switzerland 36 He is married to a French tax lawyer and he has four children He appointed his son Tanguy at the head of the Monaco Site of his Monaco Marine Company 37 Ducros also hired his son in law Samy Vischel to run the Fauchon s expansion in the Middle East India Russia and Africa 38 In 2010 Ducros is suspected for influence peddling 39 40 as part of a housing project and a retirement home in the town of La Ciotat 41 42 43 44 Twenty people have already been indicted and the case is still open 40 Sources edit Source le Journal du Dimanche Fauchon cherche des investisseurs Les Echos 23 12 2007 Deces de Gilbert Ducros fondateur des epices Ducros Source Ducros fr company website Le Secret des Epices La Saga Ducros The secret of spices The Ducros saga Page seen on July 20 2014 Le Point magazine Issue 1665 January 17 2007 Les nouvelles recettes de Michel Ducros Archived 2014 10 25 at the Wayback Machine L Express magazine Article of August 9 2007 page 44 46 Quand Ducros se jette a l eau When Ducros takes a dive Page Seen on October 9 2009 Les Echos 21 11 2013 Michel Ducros des epices a l epicerie Les Echos 16 09 1996 L epicier Michel Ducros jette l ancre a Monaco Source L Express magazine Article of August 9 2007 pages 44 46 Quand Ducros se jette a l eau When Ducros takes a dive Page seen on October 9 2009 Source Monaco Marine website Monaco Marine Media Document Page seen on August 3 2014 Le Seynois Monaco Marine ouverture en septembre 2017 Chiffres cles Archived 2016 06 10 at archive today Source La Tribune article of June 6 2012 Monaco Marine Etend son Empreinte Maritime Monaco Marine extends its Reach Page seen on August 1 2014 Source Le Figaro Entreprises magazines Article of Monday January 19 2004 Michel Ducros Des epices des yachts et Fauchon Michel Ducros Spices yachts and Fauchon a b Source Le Point magazine Issue 1933 Article of October 8 2009 Fauchon version fashion Archived 2015 04 02 at the Wayback Machine Source Le Point no 1933 8 October 2009 Michel Ducros est proprietaire de plus de 90 de son affaire Source Le Figaro newspaper Issue 18571 of April 21 2004 Fauchon vise l equilibre cette annee Source Reuters France Luxe Fauchon veut doubler de taille en cinq ans Source The New York Times Article of June 11 2004 New York Manhattan Fauchon Closing 2 Of 3 Stores Page seen on October 11 2009 Source The New York Times Article of April 23 2006 Demolition Plans Pit Developer Against Chocolatier Page seen on October 11 2009 Source Les Echos newspaper Issue 19268 Article of October 19 2004 Fleury Michon acquiert les plateaux repas de Fauchon Page seen on October 11 2009 Source Le Figaro newspaper Article of May 19 2005 Page seen on October 8 2009 Source The New York Times Article of May 20 2005 by Elaine Sciolino Fauchon s Food Empire Cedes Territory to a Rival Source L Express magazine Article of January 17 2008 page 75 Fauchon L epicier chic et choc by Corinne Scemama 1 Source Le Point magazine Issue 1933 Article of October 8 2009 by Domitille Arrivet Fauchon version fashion Archived 2015 04 02 at the Wayback Machine Source Comment Fauchon s est redresse malgre la crise 20 decembre 2013 2 Source Reuter article of September 18 2013 France Luxe Fauchon veut doubler de taille en cinq ans France Luxury Fauchon wants to double its size in the next 5 years Page seen on January 1 2014 Source Reuter Article of September 18 2013 France Luxe Fauchon veut doubler de taille en cinq ans France Luxury Fauchon wants to double its size in the next 5 years Page seen on January 1 2014 Source le Journal du dimanche 29 juin 2014 Fauchon cherche des investisseurs 3 les Echos 11 09 2015 L epicier Fauchon se lance dans l hotellerie de luxe Reuters 11 09 2015 Fauchon se diversifie dans l hotellerie haut de gamme Bloomberg 16 01 07 Fauchon Esprit de France Launches Five Star Hotel in Paris Les Echos 11 09 2015 L epicier Fauchon se lance dans l hotellerie de luxe Le Point 17 01 2007 Les nouvelles recettes de Michel Ducros Archived 2014 10 25 at the Wayback Machine Source Le Point magazine Issue 1665 Article published on January 17 2007 Les nouvelles recettes de Michel Ducros The new recipes of Michel Ducros Source Memorial Journal Officiel du Grand Duche du Luxembourg Immovalor S C A Page seen on July 25 2014 Source Memorial Journal Officiel du Grand Duche du Luxembourg C N 1620 of August 21 2009 Source Monaco Marine corporate website Monaco Marine Contact and Bio Information Archived 2015 04 02 at the Wayback Machine Page seen on August 10 2014 Source Le Journal Du Dimanche Article of June 29 2014 Fauchon cherche des investisseurs Fauchon is looking for investors Page seen on June 30 2014 Source Le Monde newspaper article of January 30 2013 Affaire Guerini Le Patron de Fauchon Mis en Examen Guerini Case the CEO of Fauchon indicted Page seen on July 1 2014 a b Source L express Magazine website article of January 30 2013 Affaire Guerini Le Patron de Fauchon Mis en Examen dans un Volet du Dossier Guerini Case the CEO of Fauchon indicted in Part of the Case Page seen on July 2 2014 Source Cielj net on Wednesday January 30 2013 Marseille boss Fauchon indicted in one aspect of the case Guerin 4 Source La Provence newspaper article of January 29 2013 Affaire Guerini Le Patron de Fauchon Mis en Examen Guerini Case the CEO of Fauchon indicted Page seen on June 30 2014 Source Le Nouvel Obs magazine article of January 30 2013 Affaire Guerini Le Patron de Fauchon A son Tour Mis en Examen Guerini Case the CEO of Fauchon is Also Indicted Page seen on July 2 2014 Source Le Point Magazine article of January 30 2013 Affaire Guerini Le Patron de Fauchon Mis en Examen Guerini Case the CEO of Fauchon indicted Page seen on July 1 2014External links editThese are the main links to the companies specifically cited in the article above Fauchon Monaco Marine Retrieved from https en wikipedia org w index php title Michel Ducros amp oldid 1187806352, wikipedia, wiki, book, books, library,

article

, read, download, free, free download, mp3, video, mp4, 3gp, jpg, jpeg, gif, png, picture, music, song, movie, book, game, games.