Companies / Netherlands
Jumbo Emerges As Genuine Ahold Challenger After C1000 Buy
November 2011 | Company News AlertThe Dutch supermarket sector looks set to become a genuine two horse race after local retailer Jumbo announced that it has agreed a deal to buy the C1000 supermarket chain from private equity group CVC Capital Partners. The move follows the acquisition of domestic rival Super De Boer and will cement the firm's position as the country's second largest retailer. Jumbo's increased reach looks set to change the retailing landscape in a country where Ahold had dominated with market share of
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