Netherlands: acquisitions and partnerships

Date : 12 March 2018

We share the latest developments from the Netherlands as Jumbo and Coop acquire Emté supermarkets, Poiesz buys the Van Smaak meal delivery service and Picnic partners with Wehkamp.

Jumbo and Coop acquire Emté supermarkets…

Following speculation about the future of the Emté supermarket business, parent company Sligro Food Group has sold the chain to Jumbo and Coop Netherlands. The deal, which is worth €410m, will see the retailers acquire 130 Emté stores, two distribution centres, a meat plans and supporting Sligro divisions.

Two thirds of the Emté business will be integrated into Jumbo, the country’s second largest retailer. The remaining third will be integrated into Coop Netherlands. Real estate across 27 locations will also be sold, while Sligro will become Jumbo-owned La Place’s supplier.

In 2017, Emté achieved a turnover of €828m.

…As Poiesz buys Van Smaak meal delivery service

Elsewhere, Poiesz has acquired the Van Smaak meal delivery service. The two companies have partnered on the home delivery of products since last year, using a shared logistics network.

Picnic partners with Wehkamp

In other news, Picnic has partnered in a trial with online non-food retailer Wehkamp. This will allow Picnic’s customers in the Amersfoort area to return products from Wehkamp to Picnic couriers.

The collaboration will include the connection of ‘complex logistics flows and ICT systems’, while offering shoppers added convenience.