Dutch discount retail chain Hema has been acquired by Ramphastos Investments, the investment company owned by Dutch billionaire Marcel Boekhoorn. Marcel Boekhoorn is a Dutch entrepreneur, investor, philanthropist and owner of investment company Ramphastos Investments. Earlier this year, Belgian investment company Core Equity got very close to becoming Hema’s new owner, but failed to reach an agreement with franchisees over e-commerce costs. The owner of Ramphastos Investments Marcel Boekhoorn acquired Hema at Boekhoorn has a wide array of business interests in the Netherlands and beyond. Dutch media reported in June that Belgian investor Core Equity had dropped a bid of 1 billion euros, including debt, as it disagreed with store franchise operators over how to split revenue from the company’s online store. To enable this, we aim to secure a majority stake in the enterprises in which we invest. partnerships with other businesses. Lion Capital started looking for a buyer for HEMA over a year ago, after an earlier effort to offload the retailer failed in 2010. After Jegen announced the company’s desire to “explore the possibility of a sale” in September 2017, several parties manifested their interest in the business, but negotiations didn’t go through. The Dutch retailer added in its statement that it is looking for opportunities to increase the number of international partners to accelerate its expansion overseas. recent developments to determine what implications they could face in terms impression that the counterparty gave serious consideration to our offer. Driving topline growth through hands-on collaboration is what we do best. of the role they are willing and able to play at Hema. He additionally contributed to the company’s Bookhorn added: “Hema is an iconic brand with fantastic international opportunities, but there are also sufficient prospects for growth in the Netherlands. Dutch discount retail chain Hema has been acquired by Ramphastos Investments, the investment company owned by Dutch billionaire Marcel Boekhoorn. Marcel boekhoorn (/'mɑrsɛl 'bukɦoːr(ə)n/ born 30 october 1959 in nijmegen) is a dutch entrepreneur, investor, philanthropist and owner of investment company ramphastos investments. Marcel Boekhoorn is shareholder and non-executive board member of Mazarine Energy. The acquisition fits my ambition to let businesses grow. Although its sales rose 3.5 percent last year to 1.24 billion euros ($1.43 billion), its net loss increased to 31 million euros, while gross debt ran up to 753 million. “We entered into negotiations with the aim of bringing Hema out of it Reporting by Bart Meijer; Editing by Adrian Croft. Together with Hema’s staff and its franchisees, I want to support Hema in becoming a global brand”.
With an estimated net worth of 1.3 billion euro, Boekhoorn invests in more than 30 companies from a wide array of sectors, including Dutch newspaper De Telegraaf, mobile telecommunications company Telfort and even the football team N.E.C. In 1994, he founded investment company Ramphastos Investments N.V. By focusing on value creation and creating market leaders, Marcel and his team have on many occasions attracted […] They want to conduct a market test to see if they could get more elsewhere. However, ramphastos owner marcel boekhoorn was also named in the investigation. Ramphastos Investments has announced that it has failed to reach an Earlier this year it opened its first store outside the continent, in the United Arab Emirates, but it still generates roughly three quarters of its revenues in the Netherlands. convinced that as the majority shareholder we have an excellent, expenses, realizing an international expansion and establishing He founded Ramphastos Investments in 1994, after a successful career at Deloitte & Touche. The company, which is owned by British investment firm Lion Capital LLP since 2007, intends to improve its profitability, grow its e-commerce and expand internationally over the next few years. real chance that the company will once again fall pretty to opportunistic healthily-funded business.”. Mr. Boekhoorn is a chartered accountant (‘Register Accountant – RA’) by training and was partner at Deloitte & Touche before he founded Ramphastos Investments in 1994. Lion Capital has been trying to sell Hema for quite some time. two partners at ramphastos were also named in the investigation. “We therefore put Marcel Boekhoorn started his career in 1981 with Deloitte & Touche, where he became the youngest partner ever in 1991 as a chartered accountant (‘register accountant – RA’). Ramphastos Investments has announced that it has failed to reach an agreement with Hema’s bondholders after offering 523 million euros in an attempt to reduce the company’s debts. AMSTERDAM (Reuters) - HEMA, one of the Netherlands’ largest retail chains, said on Thursday it will be bought for an undisclosed sum by investment firm Ramphastos Investments, owned by Dutch billionaire Marcel Boekhoorn. “I do not think that this is in Hema’s best interest and there is a very the end of 2018 and has since invested 115 million euros in the Dutch forward-looking strategy for Hema. Ramphastos Investments fails to make agreement with Hema bondholders, www.FashionUnited.info © FashionUnited 2020. With an estimated net worth of €1.9 billion, Boekhoorn is one of the wealthiest individuals in the Netherlands. See here for a complete list of exchanges and delays. HEMA, one of the Netherlands' largest retail chains, said on Thursday it will be bought for an undisclosed sum by investment firm Ramphastos Investments, owned by Dutch billionaire Marcel Boekhoorn. Its wide product range includes apparel, make up, stationary and home decor, among other categories. boekhoorn has a wide array of business interests in the netherlands and beyond. burden. HEMA opened its first store in Amsterdam in 1926 and has since branched out across Europe. HEMA, bought by London-based Lion Capital in 2007, operates more than 700 stores in nine countries, selling over 30,000 own brand products ranging from baby clothing to stationery, food and gardening tools.
profitability”, the company said in a statement. Our Standards: The Thomson Reuters Trust Principles. forward a fantastic offer of 523 million euros, but I do not get the
Marcel Boekhoorn, a CPA by training, started his career as a chartered accountant with accounting organisation Deloitte & Touche in 1981. the investigation alleges that ramphastos’s purchase of talenta labs, an italian gaming software company, was partially funded by money tavarelli, who recommended the deal, received from the mafia. Founded in 1926, Hema has 750 stores in nine countries, but Holland and Belgium are its core markets. The owner of Ramphastos Investments Marcel Boekhoorn acquired Hema at the end of 2018 and has since invested 115 million euros in the Dutch department store chain. The company, which is owned by British investment firm Lion Capital LLP since 2007, intends to improve its profitability, grow its e-commerce and expand internationally over the next few years. Nijmegen. Ramphastos Investments and Boekhoorn said that they are examining the This is the best scenario for Hema, our customers, staff and franchisees”, said Hema’s CEO, Tjeerd Jegen, in a statement. Marcel Boekhoorn Heeft Zijn Eigen Dierentuin Begon Een. investors. Covid-19 has forced the company to find a short-term solution to its debt HEMA has been struggling to compete with discounters and online shops for years. The closure of 300 Hema stores outside of the Netherlands due to to the retail chain’s strategy. long-term strategy by lowering its unsustainable debt burden and interest attempt to reduce the company’s debts. with an estimated net worth of €1.9 billion (us$2.2 billion), boekhoorn is one of the wealthiest individuals in the netherlands. from disclosing that the failure to find common ground could pose a threat It remains to be seen what the outcome will be, but I remain “With its new owner, HEMA can focus fully in the next few years on online growth, international expansion and improving. The transaction value was not disclosed.
debts by half a billion euros and would enable Hema to continue as a
stronger,” said Boekhoorn in a statement on Sunday. He is founder and majority shareholder of venture capital and private equity firm Ramphastos Investments. Our offer would reduce the company’s Ramphastos Investments did not make any further announcements aside In doing so we commit ourselves to working with company leadership to shape a robust value-creation strategy and provide all the counsel, tools and hands-on help necessary […] RAMPHASTOS INVESTMENTS. “I am very pleased that Ramphastos is becoming the new owner of Hema. agreement with Hema’s bondholders after offering 523 million euros in an Ramphastos Investments is the investment company of Marcel Boekhoorn, a well known Dutch private equity investor and entrepreneur, which currently holds (primarily majority) interests in over 30 companies in various sectors.
department store chain.
Billionaire Marcel Boekhoorn acquires Dutch retailer Hema, www.FashionUnited.info © FashionUnited 2020.
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