Blokker chain sold, NautaDutilh advises
The Dutch Blokker family has sold its retail company to current CEO Michiel Witteveen. The CEO takes over both Blokker and Big Bazar by means of a buy-out. The deal concerns a total of 474 own stores and 77 franchise stores in the Netherlands, and 139 stores in Belgium and Luxembourg. Financial details are not disclosed.