Sistema, Yevtushenkov junior give mgmt control of company that owns retailer Real

MOSCOW. March 24 (Interfax) - Sistema PJSFC and the Russian investment group's senior managing partner Felix Yevtushenkov are no longer the controlling parties of investment firm SCP Group, which bought German hypermarket chain Real from Metro AG in 2020 for 300 million euros.

The changes in the shareholder structure took place on February 27, materials from

SCP Group Advisory Limited showed. Since the end of February, at least 75% of SCP Group is directly or indirectly owned by Marjorie Brabet-Friel, the company's CEO since it was founded in 2015.

Sistema, the principal owner of which is Vladimir Yevtushenkov, Felix Yevtushenkov's father, declined to comment.

SCP Group Advisory Limited said in its report for 2020 that its parent company is Luxembourg-based SCP Group S.a.r.l. As of the end of April 2020, the principal shareholders of SCP Group S.a.r.l. were Felix Yevtushenkov, through OVO Capital, which held 49%; and Sistema, which also indirectly owned 49%.