Finance

Plus and Coop are allowed to merge, stores sold in 12 places

This was announced by the Dutch Authority for Consumers and Markets (ACM) today. The chains will continue together under the name Plus and will consist of about 550 stores. This makes it the third service supermarket in the Netherlands, after Albert Heijn and Jumbo.

Away from both formulas stores

In the towns of Harmelen, Hollandscheveld, Rolde, Ruurlo, Stolwijk, Terborg, Wehl, Groot-Ammers, Wekerom, Ravenstein, Uddel and on Vlieland, shops must be divested. Both a Coop and a Plus are located in Rolde and Harmelen.

A spokesperson for the new chain could not say which stores exactly. There is a list of shops, but it is not yet public. It is also unclear whether twelve stores should be divested or even more, because in some places several supermarkets are owned by the new group.

It is clear, however, that stores of both formulas will disappear and that both branches and own stores will have to make way for the merger.

Plus and Coop’s intention to continue together was announced in early September. Together they think they are a ‘strong, future-proof and competitive player’ in our country and can reduce their costs by 50 million euros.

fusion trend

The new organization employs about 40,000 people. The conversion of the Coop supermarkets to Plus is expected to take three years.

The merger is part of a trend. Due to acquisitions and mergers, fewer and fewer supermarket chains remain in the Netherlands. For example, it was announced earlier this year that the North Holland Deen will be sold to Albert Heijn and the regional players Dekamarkt and Vomar.

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