Acquisition of Agrimarkt by Jumbo

Jumbo Supermarkten has reached an agreement with cooperative CZAV to acquire 100% of the shares, including all real estate, of regional supermarket chain Agrimarkt. The transaction concerns six stores in the Southwest of The Netherlands. No financial details have been made public.

The Agrimarkt stores are located in Goes, Middelharnis, Roosendaal, Vlissingen, Oud-Beijerland en Terneuzen. There are currently 360 people employed at these stores and at Agrimarkt’s head office.

Quore Capital acted as sole financial advisor to Jumbo.

15/07/2019 (announced)

Client: Jumbo
Target: Agrimarkt
Buyer: Jumbo
Seller: CZAV