Former Godiva CEO Mohamed Elsarky takes majority take in London’s Artisan du Chocolat
Details of the transaction were not disclosed.
Artisan du Chocolat has sold a majority stake to Mohamed Elsarky, former president and CEO of Godiva Chocolatier.
Elsarky will become chairman of Artisan du Chocolat, effective immediately. With a global FMCG and private equity background, Elsarky was responsible for the turnaround and expansion of Godiva as a leading prestige retailer of Belgian chocolates across international markets. For almost a decade under his leadership, Godiva expanded its presence across channels and geographies, reaching almost 800 stores in more than 35 countries.