Home » Business » Hema is taken over by the family behind Jumbo and an investment group

Hema is taken over by the family behind Jumbo and an investment group

In a press release Hema said the two investors have reached a conditional agreement to each buy 50 percent of the shares. The investors give themselves 8 weeks to complete the acquisition financially.

The family behind supermarket chain Jumbo is taking the step through investment vehicle Mississippi Ventures. The van Eerd family would then own 50 percent of the shares and investment group Parcom the rest.

Earlier this year, Hema came into the possession of bondholders in exchange for lowering the debt. As a result, billionaire Marcel Boekhoorn was sidelined. Since then, potential buyers have been sought.

In the meantime, Hema is also doing better financially. The results in the second quarter were better thanks to the winding down of the strictest corona measures. Sales amounted to 284.4 million euros, 4 percent less than in the same period last year. The Belgian and Luxembourg stores had a turnover of 35.9 million euros, 2.7 percent less than in the same period last year. The entire group recorded a net loss of 12.3 million euros.

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