C1000 Sale Would Have Significant Impact On Future Shape Of Dutch Grocery Retailing

Reports have emerged that private equity firm CVC Capital Partners is considering the sale of Dutch retail chain C1000 (formerly called Schuitema). The chain includes 400 stores and the destination of the business could play a key role in deciding the future shape of the Dutch retail sector, which has been rapidly consolidating. Bloomberg has reported that CVC is working with Goldman Sachs to evaluate options for the business and that the unit could be valued at around EUR1bn. Given the fairly strong outlook the relatively fragmented nature of the grocery retail sector, we see the assets as likely to

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