In a surprising turn of events,the bankruptcy of Dutch household chain Blokker has presented a lucrative chance for frisian entrepreneur Eric Kooistra. Kooistra, known for his expertise in purchasing residual consignments, recently acquired over 200 sea containers filled with Blokker merchandise for several million euros. The acquisition includes a diverse range of products, from baking tins and suitcase sets to frying pans and kitchen timers, totaling 1,600 different items. Kooistra anticipates a busy season ahead, stating, ”We are going to be very busy in the near future. This means getting out of bed early and getting in late until Christmas.”
A Family Legacy Distinct from Big Bazar
Kooistra, the 46-year-old owner of Kooistra.com, based in Leeuwarden, is swift to distinguish his business from that of his cousin, Heerke Kooistra, who once managed the Big Bazar retail chain. “you should not confuse us with my special cousin Heerke Kooista, who once took over the Big Bazar retail chain and let it slip through his fingers.We do not want to be associated with that,” he clarified in an interview with RTL Z.
The Deal Behind the Acquisition
The opportunity to purchase Blokker’s stock arose after the company filed for bankruptcy last month. Kooistra explained that the containers were filled with goods ordered by Blokker from the Far East but had not yet been paid for. “this concerns the stock that was ordered by blokker in the Far East, but had not yet been paid for. This would only happen after the containers had been delivered,” he said.
This technicality meant that the contents of the sea containers did not fall under the bankrupt estate of Blokker,thus avoiding inclusion in the current bankruptcy sale. “As long as the bills are not paid, the shipping company can claim ownership,” Kooistra explained.
Millions Invested, Details Kept Secret
Kooistra purchased the containers directly from the shipping company, with the permission of the bankruptcy trustees. “The curators did grant permission for the deal.That was ultimately no problem, as the trustees had no money to pay the bills,” he noted. However, he declined to disclose the exact amount paid for the supplies, maintaining confidentiality around the financial details.
The acquisition marks a significant move for Kooistra, who is known for his ability to handle large-scale transactions. With the holiday season approaching, the entrepreneur is gearing up for a busy period, turning a challenging situation for Blokker into a profitable venture for his own company.
The bankruptcy of Blokker has undoubtedly created a ripple effect in the retail industry, but for Kooistra, it represents a golden opportunity to expand his business and capitalize on the unexpected surplus of goods.
Frisian Entrepreneur Takes Bold Step to Rescue Blokker Inventory, Aims to Recoup Millions
In a strategic move to salvage millions of dollars worth of inventory, a Frisian entrepreneur has stepped forward to rescue the remaining stock of the bankrupt Dutch retail chain, Blokker. The initiative, which involves transporting containers from Rotterdam to Leeuwarden, is expected to be a significant investment, but the entrepreneur is confident in its potential to generate substantial returns.
A Costly but Necessary Investment
The entrepreneur, whose identity remains confidential, estimates the total cost of the operation to be in the millions. “Confidentiality, but I can say that it runs into millions. And of course there are also the costs of transport, etc. So it is indeed a significant investment for us,” he stated.
To mitigate these costs, the focus is on expediting the transportation of sea containers to Leeuwarden. “We are already working on that today. some have already been unloaded in Rotterdam, about 50 are still at sea. They have to leave Rotterdam as quickly as possible, because port dues already cost 15,000 to 20,000 euros per day. We will be working 12 hours a day, six days a week in the near future,” he explained.
A Strategic Plan to Recoup Investments
The Frisian entrepreneur is optimistic about recouping the millions invested in Blokker’s stock. “I expect to be able to sell most of it in the first quarter,” he said.
The entrepreneur believes there will be ample interest in the inventory, including from franchisees and self-reliant entrepreneurs who operate under the Blokker brand. These franchisees are not affected by the bankruptcy. “There may also be interest from the party that may continue part of the retail chain,” he added.
bargain Hunters Capitalize on Blokker’s Bankruptcy
The bankruptcy sale of Blokker has attracted numerous bargain hunters, eager to take advantage of the discounted prices. The video below captures the frenzy as shoppers flock to the stores to secure deals on a wide range of products.
This bold initiative by the Frisian entrepreneur not only aims to recover financial losses but also to provide a lifeline to the Blokker brand, ensuring that its legacy continues in some form.
### “Turning Crisis into Opportunity: An Exclusive Interview with frisian Entrepreneur Eric Kooistra on His Bold Move with blokker’s Stock”
In a remarkable display of entrepreneurial acumen, Frisian businessman Eric Kooistra has seized the opportunity presented by the bankruptcy of Dutch retail giant blokker. By acquiring over 200 sea containers filled with Blokker merchandise, Kooistra aims to turn a challenging situation into a profitable venture. This exclusive interview delves into the details of the acquisition, the strategic plan to recoup investments, and the broader implications for the retail industry.
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### **The Entrepreneurial Vision Behind the Acquisition**
**Senior Editor (SE):** mr. Kooistra, thank you for joining us today.Your recent acquisition of Blokker’s stock has certainly caught the attention of the business world. Can you walk us through how this opportunity came about?
**Eric Kooistra (EK):** Thank you for having me. The opportunity arose after Blokker filed for bankruptcy last month. The containers were filled with goods ordered by Blokker from the Far East but had not yet been paid for. This technicality meant that the contents of the sea containers did not fall under the bankrupt estate of Blokker, thus avoiding inclusion in the current bankruptcy sale.
**SE:** That’s quite a strategic move. How did you manage to secure the deal?
**EK:** I purchased the containers directly from the shipping company,with the permission of the bankruptcy trustees. The curators did grant permission for the deal,as the trustees had no money to pay the bills. However, I prefer to maintain confidentiality around the financial details of the transaction.
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### **A Family legacy Distinct from Big Bazar**
**SE:** You’ve mentioned that your business should not be confused with that of your cousin, Heerke Kooistra, who once managed the Big Bazar retail chain. Can you elaborate on how your approach differs?
**EK:** Absolutely. My cousin Heerke Kooistra once took over the Big Bazar retail chain and let it slip through his fingers.We do not want to be associated with that. Our business model is focused on purchasing residual consignments and turning them into profitable ventures. This acquisition is a testament to that approach.
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### **The Logistics of Managing Over 200 Sea Containers**
**SE:** Managing over 200 sea containers must be a logistical challenge. How are you planning to handle the transportation and distribution of these goods?
**EK:** the focus is on expediting the transportation of sea containers to Leeuwarden. Some have already been unloaded in Rotterdam, and about 50 are still at sea. They have to leave rotterdam as quickly as possible, because port dues already cost 15,000 to 20,000 euros per day. We will be working 12 hours a day, six days a week in the near future to mitigate these costs.
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### **A Strategic Plan to Recoup Investments**
**SE:** You’ve invested millions in this acquisition.What’s your strategy for recouping these investments?
**EK:** I expect to be able to sell moast of it in the first quarter. There will be ample interest in the inventory, including from franchisees and self-reliant entrepreneurs who operate under the Blokker brand. These franchisees are not affected by the bankruptcy. Additionally, there might potentially be interest from the party that may continue part of the retail chain.
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### **Bargain Hunters and the Future of Blokker**
**SE:** The bankruptcy sale of Blokker has attracted numerous bargain hunters. How do you see this impacting the retail landscape?
**EK:** the bankruptcy sale has indeed created a frenzy among shoppers eager to take advantage of discounted prices. This bold initiative not only aims to recover financial losses but also to provide a lifeline to the Blokker brand, ensuring that its legacy continues in some form.
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### **Conclusion: Turning Adversity into Opportunity**
**SE:** Mr. Kooistra, your initiative is a shining example of turning adversity into opportunity. Do you have any final thoughts for our readers?
**EK:** Thank you. This acquisition is a significant move for us, and we are gearing up for a busy period leading up to the holiday season.We are confident that this venture will not only be profitable but also help sustain the legacy of the Blokker brand.
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This interview highlights the entrepreneurial spirit of eric Kooistra, who has turned a challenging situation into a lucrative opportunity. His strategic approach and logistical expertise are sure to make this venture a success, providing a lifeline to the Blokker brand in the process.
