Jumbo cleared to take over C1000 stores

Family-owned supermarket group Jumbo has been cleared by the cartel watchdog NMa to take over some 400 C1000 stores, if it sells 18 where competition could be affected.


‘On a national level, the NMa does not foresee any problems. Following the takeover Jumbo’s market share is still relatively limited and there are strong competitors,’ the Nma said.
Jumbo is said to have offered over €900m last November for the C1000 chain which gives it 23% of the Dutch market and annual sales of €7.5bn. Albert Heijn has some 33% of the Dutch market.

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