New generation prepares for life at Blokker

Real estate investments for charities

“Erwin (42) and Mark (40) Blokker will play a more active and direct role with the inheritance left by their father in 2011”, according to Het Financieele Dagblad based on documents filed with the Chamber of Commerce. Both brothers have become joint-directors of the BV Somethingels, strengthening their mother who had been the sole director up until that point.

The company, which apparently has a capital of 223 million euro according to its most recent yearly report, controls 27 other enterprises which are partly active in real estate investments – among other things. Profits then go towards charities and heritage preservation.

Fewer Blokkers at Blokker

The Blokker Holding, which owns retail chains Blokker, Xenos and Leen Bakker, has nothing to do with Somethingels BV. The Blokker family still has its say within the Blokker Holding, especially as Els is a director with Stichting Administratiekantoor Blokker, sole shareholder of Blokker Holding.

According to the most recent edition of Quote500, Jaap Blokker’s widow is the 6th richest Dutch citizen, with an estimated 1.5 billion euro value.

Ever since Jaap Blokker passed away in July 2011, the family’s part in the company has become ever smaller. Nephew Roland Palmer, Jaap’s godchild, carried on as the company’s chairman of the board for another 4 years, but decided to leave the company after disputes with the supervisory board. He was responsible for Nextail, the group’s successful online formula. Albert Blokker, Jaap’s brother, relinquished his position in the board of directors to become a part of the supervisory board the year before Palmer decided to leave.