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Jumbo Family to Acquire Full Ownership of HEMA
The family behind Dutch supermarket chain Jumbo will take full ownership of department store chain HEMA, according to a recent announcement. The move consolidates control of the retailer, which has faced financial challenges in recent years.
Currently, HEMA is owned by investment firm Parcom and the Van Eerd family, the controlling shareholders of Jumbo. The Van Eerd family will now acquire Parcom’s stake, resulting in complete ownership. Financial details of the transaction were not disclosed.
HEMA, known for its affordable household goods and clothing, has been working to restructure its operations amid increased competition and changing consumer habits. The company operates stores across the Netherlands, Belgium, Germany, and Luxembourg. This acquisition signals a long-term commitment to HEMA’s future by its new sole owner.
The Van Eerd family’s increased investment comes as the retail sector continues to navigate economic uncertainty and evolving consumer preferences. The deal is expected to close in the coming months, pending regulatory approvals.
HEMA has approximately 500 stores and employs over 10,000 people. The company has been undergoing a transformation plan focused on improving profitability and strengthening its position in the market.
