Interviews
News Flash
Macintosh Retail Group to buy Scapino shoe chain
01 Feb '06
4 min read
The planned acquisition is expected to be financed in full through Macintosh Retail Group's own borrowing capacity. Taking the foreseen financing charges into account, Macintosh Retail Group expects a direct positive contribution to net earnings per share from the acquisition.
Both companies are convinced that the acquisition will create a healthy basis for the further growth of Scapino. Following the sale of Scapino, Retail Network will consist of the Perry Sport, Prenatal, Kijkshop, Lucardi and Siebel Juweliers formulas, with a total of 438 stores in the Netherlands.
Macintosh Retail Group operates 720 stores in the Netherlands, Belgium and France, with a total retail floor space of 440.000 m². Approximately 500 stores are located in town centres and the remainder at shopping centres on the outskirts of towns. Macintosh Retail Group has a purchasing office in Hong Kong to serve its markets in East Asia.
Both companies are convinced that the acquisition will create a healthy basis for the further growth of Scapino. Following the sale of Scapino, Retail Network will consist of the Perry Sport, Prenatal, Kijkshop, Lucardi and Siebel Juweliers formulas, with a total of 438 stores in the Netherlands.
Macintosh Retail Group operates 720 stores in the Netherlands, Belgium and France, with a total retail floor space of 440.000 m². Approximately 500 stores are located in town centres and the remainder at shopping centres on the outskirts of towns. Macintosh Retail Group has a purchasing office in Hong Kong to serve its markets in East Asia.
Macintosh Retail Group
Popular News
Leave your Comments
Editor’s Pick
Esteemed Clients
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
