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Petrossian (business)

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Petrossian
Petrossian, S.A.
Company typePrivate
IndustryRetail (specialty foods)
Founded
  • 1920; 104 years ago (1920) as Petrossian
  • Paris, France
FounderMelkoum Petrossian
Mouchegh Petrossian
HeadquartersParis, France
Number of locations
7 (2023)
Area served
Europe, North America, Asia
OwnerPetrossian family
ParentPetrossian Société Anonyme

Petrossian, (officially Petrossian S.A.) is a French company founded in 1920 by 2 Armenian brothers, Melkoum Petrossian and Mouchegh Petrossian,[1] who introduced caviar to Paris, France. Over the years, the Petrossian family has passed on its knowledge and expertise in the art of caviar maturation, a traditional craftmanship still done by hand in house, by Petrossian’s caviarologists.

In addition to caviar and fine food, the company started branching into smoked fish in the 1930’s.

History

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In 2001, the company expanded its operations by opening a new production site in Angers, France.[2] It also widened its fine food offering. By 2023, Petrossian remained a prominent global caviar label, achieving a cumulative sales figure of 60 million euros and commanding an estimated 15-20% share of the worldwide caviar market.[3][4]

Petrossian still has the flagship historic shop opened in Paris, 1920, at 18 boulevard de La Tour-Maubourg, leading several other fashionable boutiques, restaurants and subsidiaries in Paris, Brussels, Bangkok, Switzerland, Los Angeles, Las Vegas, New-York, Hong Kong, Singapore and London, the later opening in 2022, soon followed by another venture within The Savoy early 2024.[5][6][7]

To this day, the company is still 100% family-owned and now run by Mikael and Alexandre Petrossian, grandsons of one of the founders, Mouchegh Petrossian.

References

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  1. ^ Le Monde: Armen Petrossian, le caviar dans le sang (in French)
  2. ^ LSA Commerce et Consommation: Petrossian s'ancre à Angers (in French)
  3. ^ Capital: Armen Petrossian, le tsar du caviar (in French)
  4. ^ France Soir: Petrossian: Une dynastie du caviar (in French)
  5. ^ "Adresses". petrossian.fr. 17 June 2013. Retrieved 12 July 2018.
  6. ^ "Our Restaurants". petrossian.com. Retrieved 12 July 2018.
  7. ^ "Our Boutiques". petrossian.com. Retrieved 12 July 2018.
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