Selfridges snaps up Dutch store

first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBlood Pressure Solution4 Worst Blood Pressure MedsBlood Pressure Solutionmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteBlood Pressure For LifeWhy Doctors May No Longer Prescribe Blood Pressure MedsBlood Pressure For LifeLiver Health1 Bite of This Melts Belly And Arm Fat (Take Before Bed)Liver Healththedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.com Share Selfridges snaps up Dutch store RETAIL group Maxeda Retail Group B.V. said yesterday it has agreed to sell the Dutch luxury department store chain, De Bijenkorf – or “the beehive” to Selfridges Group for an undisclosed sum.The transaction is part of an overhaul of the Dutch non-food retail sector, with KKR’s Maxeda also selling the Hunkemoeller lingerie stores and private equity group Lion Capital trying to sell the Hema mid-market department store chains.De Bijenkorf, whose flagship store is a landmark building in Amsterdam’s main Dam square, has 12 department stores in the Netherlands’ biggest cities including Rotterdam and The Hague.“This is an exciting opportunity for us to enter the Dutch marketplace with the acquisition of this iconic retailer,” said W. Galen Weston, chairman of Selfridges Group, in a statement. Selfridges Group, a subsidiary of Canada-based Wittington Investments, operates luxury retailers Selfridges in the UK, Brown Thomas in Ireland, and Holt Renfrew in Canada. With the addition of De Bijenkorf, its turnover will be close to £2bn, the firms said in a joint statement. Maxeda, owned by Kohlberg Kravis Roberts, has international retail outlets in Europe, Russia and the Middle East. More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comKiller drone ‘hunted down a human target’ without being told tonypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org whatsappcenter_img KCS-content Tuesday 16 November 2010 7:52 pm Show Comments ▼ whatsapp Tags: NULLlast_img

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