REGULATED PRESS RELEASE

from TERACT (EPA:TRACT)

Departure of Guillaume Darrasse

PRESS RELEASE

Paris, 01 February 2024

 

Departure of 

imageGuillaume Darrasse

TERACT has announced the departure of Guillaume Darrasse from his position as Deputy Chief Executive Officer.  This announcement follows his decision to pursue a new professional project. His departure will be effective as of 31 March 2024. 

Thierry Blandinières, Chair of the TERACT Board of Directors, states: “I would like to thank Guillaume for his role and significant contribution to the growth of InVivo Retail and then of TERACT. Under his leadership, the company embarked on a major transformation toward a stronger, more agile and more sustainable specialised distribution model. I wish him great success in his future challenges.”

imageMoez-Alexandre Zouari, Chief Executive Officer of TERACT, states: “I extend my warmest thanks to Guillaume for the work achieved during the merger between 2MX Organic and InVivo Retail and our close cooperation in the operational management of TERACT’s activities.” 

Guillaume Darrasse adds: “After five incredibility rewarding years within the InVivo cooperative group, first as Chief Executive Officer of InVivo Retail and then Deputy Chief Executive Officer of TERACT, I have decided to pursue a new chapter of my career. I am proud to have been part of a wonderful collective adventure in support of an ecological, agricultural and food transition. I would like to thank the teams at TERACT and wish them all the very best with the next stages of this project.” 

 

Moez-Alexandre Zouari will continue to lead the General Management of TERACT.

Guillaume Darrasse’s successor will be announced following the publication of H1 2023-2024 revenue on 15 February. 

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About TERACT:  

TERACT is a major player in responsible distribution in the growing retail markets of gardening, pet and food distribution. Our ambition is to create a unique network of brands combining tradition and modernity, agricultural know-how and innovation, in-store and digital experiences. TERACT addresses the demand for a new generation of consumption which is synonymous with quality, sustainability and traceability. TERACT regroups the Garden Centre/Pet Retail brands Jardiland, Gamm vert, Delbard, Jardineries du Terroir and Noa as well as the Food Retail brands Boulangerie Louise, Grand Marché La Marnière, Frais d’Ici and Bio&Co.

TERACT's             majority             shareholder            is          InVivo,           one          of          the           leading             agricultural             and             agri-food             groups           in                 Europe.

TERACT is listed on the professional segment of Euronext Paris (ticker code: TRACT, ISIN: FR001400BMH7). More information on www.teract.com

 

CONTACTS:

Investors: investors@teract.com

Media: media@teract.com

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