Macintosh is close to being sold | RetailDetail

Macintosh is close to being sold

Macintosh is close to being sold

Dutch retail group Macintosh says it is in advanced talks with several potential buyers, but it does not expect to acquire a large sum of money as it has huge debts.

High debt results in low value

At the start of 2015, Macintosh (which owns chains like Dolcis, Invito and Brantano) turned its full attention to Fashion Benelux, which resulted in a series of chain sales, like Kwantum recently. The company used the money to lower its debt, hoping to get Macintosh back on track as a whole.


Turnover is still disappointing, which means the company has not been able to wipe away its debt. Compared with its current EBITDA, the high debt means its current shareholders will probably not gain anything from a Macintosh acquisition.


The company's fourth quarter turnover will also be lower than last year's fourth quarter, while those had been called underwhelming already.

Questions or comments? Please feel free to contact the editors

Starbucks fast-tracks design of recyclable, compostable cup


Coffee chain Starbucks is committing 10 million dollars (8 million euros) to bring a fully recyclable and compostable cup to the market within the next three years. Currently, some six billion Starbucks cups are distributed per year, an impressive 1% of the world's total. 

HelloFresh buys American competitor and achieved strong growth in 2017


HelloFresh’ turnover last year grew 52 %, bringing it closer to profitability. The German meal box delivery service believes it will become profitable before the end of the year.

Spar makes ambitious entry into Greece


Spar International has set its sights on Greece as the next country to conquer and lead as the foremost independent food retail chain. Spar Hellas will cooperate with Asteras and Mesis to develop more than 500 Spar stores over the next four years.

Dr. Oetker buys half of Freixenet


Henkell, which is Dr. Oetker’s drinks division, has acquired slightly more than half of cava brand Freixenet’s shares. Following two years of negotiations, both companies struck a deal, even though the German food giant will not reign supreme at Freixenet.

Picnic confirms German arrival


Picnic's co-founder Michiel Muller has confirmed earlier rumours that his Dutch online supermarket was trialing in Germany. He added that the trials were done under the brand name Sprinter.

Délifrance joins FFC's portfolio


Dutch Franchise Friendly ConceptsDélifrance Benelux acquisition is in full swing. The franchise organization will obtain the French sandwich chain’s Benelux master franchisee on 1 April.

Back to top