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Macintosh retail takes over Belgian footwear brand

30 Jan '08
2 min read

Macintosh Retail Group announces that the number of shares tendered by the expiry of the squeeze-out period relating to the offer for Brantano NV on January 22, 2008 was 91,639.

This means that Sumi NV, a Belgian subsidiary of Macintosh Retail Group N.V., now holds 2,867,039 shares of Brantano NV, representing 98.6% of the share capital of Brantano NV (including treasury shares hold by Brantano NV itself).

The shares which have not been tendered, whether or not the owner of these shares has identified himself, are considered to be transferred to Sumi NV by law with effect from January 22, 2008 as a consequence of which Sumi NV possesses 100% of the Brantano shares as from that date.

Macintosh Retail Group is a large-scale non-food retailer specialising in the distribution of consumer products in the Benelux and surrounding countries. Our retail chains target a broad range of consumers in the Living, Fashion and Automotive & Telecom market sectors, where they are among the leaders.

At the beginning of 2007, Macintosh Retail Group operated 961 stores in the Netherlands, Belgium, France and Germany, with a total retail floor space of 525,000 m2. The majority of the stores are located in town centres, with Kwantum and GP Décors, in particular, occupying 150 stores at shopping centres on the outskirts of towns.

Macintosh Retail Group NV

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