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Written by Yoni Van Looveren
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American investor buys Hunkemöller

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Food10 August, 2015

Benelux market leader

When PAI Partners announced it would sell the company, more than ten possible investors were interested. After the first several rounds, only Sycamore and Carlyle remained, which the former now winning out.

 

The Dutch chain currently has more than 600 stores in 16 countries worldwide, including 130 in its home territory, the Netherlands. Hunkemöller is also the market leader in the Benelux and Germany. The company managed a 300 million euro turnover and 4.6 million euro profit in the past fiscal year, which ended 31 January 2015. The chain, founded in Amsterdam in 1886, currently has some 2,700 employees.

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