Stibbe advises Jumbo family Van Eerd on acquisition of Hema
Stibbe advised Mississippi Ventures, the investment vehicle of the Van Eerd family (owners of supermarket chain Jumbo), on the acquisition of the remaining 50 per cent of the shares in HEMA. Mississippi Ventures is acquiring the remaining 50 per cent from investment company Parcom. This means that HEMA will now be wholly owned by the Van Eerd family.
Mississippi Ventures and Parcom jointly acquired HEMA in 2021, each with an equal 50 per cent stake. In recent years, HEMA has grown in terms of turnover, volume, profit and customer satisfaction. HEMA is an iconic Dutch retail chain with over 17,000 employees and a wide range of products for everyday life.
The acquisition will enable HEMA to continue investing in the brand and customer experience in the coming years in order to further develop its growth and appeal. Jumbo and HEMA will continue to operate independently and can strengthen each other thanks to this step.
The transaction is still subject to approval by the Netherlands Authority for Consumers and Markets (ACM) and the advice of HEMA's works council.
Stibbe advised the Van Eerd family on this transaction.
For further information, please refer to the reports here en here.
