G&M Pass

G&M Pass Joins the Fourrez Group!

With a family heritage spanning more than a century and passed down from generation to generation, the artisanal bakery G&M Pass, located in Frameries, was taken over in 1986 by brothers Georges and Marc Diakourakis.

The small neighborhood bakery, founded in Cuesmes in 1946, transformed under the management of Georges and Marc into a production facility processing more than 350 metric tons of flour per year into bread, pastries, and baked goods.

Indeed, G&M Pass has become an essential supplier of baked goods in the Province of Hainaut to hospitals, nursing homes, and various institutions.

Without its own retail location, the company has relied on a unique model: ensuring the freshness and consistency of its products through a system of daily deliveries.

Today, a new chapter is beginning: Julien Fourrez, a well-known and passionate entrepreneur from Mons—best known as a Delhaize franchisee—is taking up the torch and intends to capitalize on the company’s strengths.

Fondaris managed this business transfer with a twofold objective:

1. to ensure a smooth transition for the management team,
2. and to safeguard the strategic interests of both parties.

Our role was to support the sellers through every stage of the transaction—from valuing G&M Pass to the final negotiations—while ensuring that the company’s DNA remained intact.

Congratulations to Georges, who is taking a well-deserved retirement, and to Marc, who will remain with the company to ensure continuity and support the teams through this transition.

This transition marks the coming together of artisanal expertise passed down through four generations and the commercial strength of a regional player committed to promoting local products. It is a forward-looking alliance that remains true to the spirit of G&M Pass.