Coop Netherlands

Jumbo and Coop, two leading Dutch grocery retailers, have announced the acquisition of the retail chain Emte from Sligro Food for €410 million ($506 million). The proposed sale includes Emte’s 130 supermarkets, its retail distribution centres in Kapelle and Putten, its meat plant in Enschede and its supporting operational and commercial departments at the head office in Veghel. The deal will also see Emte’s supermarket real estate sold to the same …