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Jumbo To Take Over HEMA Leases As Part Of Cooperation Agreement

Published on Dec 17 2019 10:20 AM in Retail tagged: Featured Post / Jumbo / Netherlands / HEMA / Paywall

Jumbo To Take Over HEMA Leases As Part Of Cooperation Agreement

Dutch retailers Jumbo and HEMA have announced details of their 'commercial cooperation' agreement in the Netherlands and Belgium, which both groups believe will help 'strengthen each others activities'.

“It is great that two strong Dutch brands are going to reinforce each other in this way," commented Ton van Even, Jumbo's chief financial officer. "This offers good prospects for both of us to expand our store network."

Lease Contracts

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