Petrossian (business)
Armenian-founded French caviar and drink company
From Wikipedia, the free encyclopedia
Petrossian, (officially Petrossian S.A.) is a French company founded in 1920 by two 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.
| |
| Petrossian, S.A. | |
| Type | Private |
| Industry | Retail (specialty foods) |
| Founded | |
| Founder | Melkoum Petrossian Mouchegh Petrossian |
| Headquarters | Paris, France |
Number of locations | 7 (2023) |
Area served | Europe, North America, Asia |
| Owner | Petrossian family |
| Parent | Petrossian Société Anonyme |
In addition to caviar and fine food, the company started branching into smoked fish in the 1930s.
History
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.