Adeo: number of employees worldwide 2016-2023
Present in 21 countries including France, Spain, Italy, Poland, Brazil, and Portugal, the multinational group Adeo employed 148,763 people worldwide as of December 31st, 2023. That represents a 1.6 percent decrease year-on-year.
Company facts
Formerly known as the Leroy Merlin Group, Groupe Adeo has several chain stores worldwide, focusing on the DIY, building, gardening, sanitary equipment, renewable energy, and interior decoration markets. The holding company Association Familiale Mulliez owns the majority of the Adeo group, as well as several other businesses. A large share of Leroy Merlin's employees is located in Russia. While several companies have left Russia since February 2022, when the country launched an invasion of Ukraine, Adeo has maintained its refusal to terminate its business in the country as of February 2024.
The home improvement market worldwide
As of 2020, the worldwide home improvement market value stood at over 760 billion U.S. dollars and was estimated to surpass the trillion-dollar mark by 2027. The Home Depot is one of the most successful companies in the sector, recording over 151 billion U.S. dollars in net sales in the financial year of 2021. Adeo was one of the leading retailers worldwide in 2020.
