RetailDetail EU
Europe - EN
  • België - NL
  • Belgique - FR
  • Nederland - NL
  • Europe - EN
  • About us
  • Contact
  • Subscribe
  • Sign in user
  • News
    • Food
    • Fashion
    • Home
    • Electronics
    • Beauty/Care
    • DIY/Garden
    • Leisure
    • General
  • RetailDetail Plus
  • Events
  • Hunts
  • RetailHub
  • Advertising & Partnerships
    • EVENT PARTNERSHIPS
    • PRINT ADVERTISING
    • ONLINE ADVERTISING
RetailDetail EU
Europe - EN
  • België - NL
  • Belgique - FR
  • Nederland - NL
  • Europe - EN
  • About us
  • Contact
  • Sign in user
  • News
    • Food
    • Fashion
    • Home
    • Electronics
    • Beauty/Care
    • DIY/Garden
    • Leisure
    • General
  • RetailDetail Plus
  • Events
  • Hunts
  • RetailHub
  • Advertising & Partnerships
    • EVENT PARTNERSHIPS
    • PRINT ADVERTISING
    • ONLINE ADVERTISING
thumb
Written by Pauline Neerman
In this article
  • Companies CeconomyFnacMetro
  • Topics Acquisition
  • Geography Europe
Share article
  • facebook
  • instagram
  • twitter
  • linkedin
  • email

Czech billionaire Kretinsky tightens grip on Fnac Darty

icon
Electronics15 July, 2022

Czech billionaire Daniel Kretinsky has set his sights on Fnac Darty. The investor, who has meanwhile gained a foothold in many major European retailers, is increasing his stake to 20 %.

In six months’ time

Kretinsky is rapidly increasing his share in electronics group Fnac Darty: on 5 July he passed the 20 % threshold in capital and voting rights, the French market authority announced. The Czech billionaire is now the retail holding’s second largest shareholder, after German parent company Ceconomy.

However, the Czech is catching up fast: Ceconomy held 24.30 % of the capital at the end of last year, which is barely more than Kretinsky holds now. The billionaire only started his French expedition at Fnac Darty at the beginning of this year, taking a 5.04 % stake in February. In April, Le Figaro reports, his share was already more than 13 % and now it is also more than 20 %. The investor nevertheless maintains that, despite his strong position in the company, he does not want his own representative on the board of directors.

Kretinsky has become a well-known name in European retail: the Czech tried repeatedly to take over the German wholesale group Metro, strikingly enough the group to which electronics holding company Ceconomy used to belong. The takeover failed, but Kretinsky now has a 40 % stake in Metro. The investor also has a 10 % stake in French supermarket group Casino, while he recently bought into Sainsbury’s and Macy’s, among others.

Stay up-to-date

Receive our free newsletters and do not miss out on the latest retail news.

Subscribe
logo

Czech billionaire Daniel Kretinsky has set his sights on Fnac Darty and is increasing his stake in the electronics company to 20 %.

More on Electronics
See more
  • icon
    Electronics18 January, 2023
    Fnac Darty postpones ambitions for another year

    Fnac Darty sold less in December and is struggling with negative cash flow. The French group is therefore pushing back its targets for 2023 by a year.

  • icon
    Electronics16 December, 2022
    Lucrative services boost MediaMarkt sales

    German electronics giant Ceconomy benefits from its increasing range of services, such as repairs and subscriptions. The parent of MediaMarkt and Saturn is also launching its own marketplace.

  • icon
    Electronics9 December, 2022
    Krëfel buys back used appliances

    All Belgians combined have a whopping 49 million unused or broken electrical appliances lying around. Belgian whitegoods chain Krëfel wants to help changing that, offering to buy back and resell such appliances.

Events
  • 16
    Feb
    Captains of Retail 2023
  • 23
    Mar
    Omnichannel & E-Commerce Congress
  • 20
    Apr
    RetailDetail Congress
  • 11
    May
    Fashion & Beauty Congress
  • 15
    Jun
    Human Resources & People Congress
  • 29
    Jun
    Food Congress
Most read
  • icon
    Food24 January, 2023
    Europeans now also allowed to eat cricket powder and small mealworms
  • icon
    Food10 January, 2023
    Makro Belgium now officially bankrupt
  • icon
    Food13 January, 2023
    Carrefour Belgium tests autonomous delivery robot
  • icon
    Fashion16 January, 2023
    False discounts earn Yoox millions in fines
Follow RetailDetail
  • socialFacebook
  • socialTwitter
  • socialInstagram
  • sociallinkedIn
footer-logo
RetailDetail, the leading b2b-retailcommunity in the Benelux, keeps retail professionals up-to-date by means of online & offline publications, retail events, inspiring retail hunts and the unique co-creation platform retailhub, where retailers and their suppliers can experience the future of shopping.
RetailDetail Mailing Address:
Kolveniersstraat 7, bus 26 
2000 Antwerp
Visiting address:
Stadsfeestzaal – Meir 78 
2000 Antwerp
How to reach us:
Directions
© 2023 RetailDetail
general conditions | privacy policy
+32 3 500 89 59 info@retaildetail.be
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies.
Accept All
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT