After 11 years, the Netherlands’ Hema is officially Dutch-owned again. On November 30, Hema and its new owner Ramphastos Investments announced the completion of the acquisition from the British firm Lion Capital.
Hema plans to sell part of its store portfolio to franchisees in order to invest in the acceleration of its international expansion. It marks the latest move by the chain's new owner since its acquisition in October.
Four of eight executives will be leaving retailer Hema. The news comes just weeks following the acquisition of the chain by Dutch entrepreneur Marcel Boekhoorn, who aims to simplify the structure of the company.
Real estate investment companies Built to Build and Urban Interest have jointly acquired shopping and entertainment center, The Wall. The investors will focus on new tenants to serve the nearby Leidsche Rijn area.
The Netherlands’ Hema announced today that it is in talks with Marcel Boekhoorn of investment company Ramphastos Investments, who has the intention to acquire the 92 year-old chain from its current British owner.
The Netherlands’ Hema announced today a 0,2 percent decrease in net sales in Q2 2018. The retailer attributed the results to the exceptionally hot weather conditions in Northern Europe between May and July.