Puneet Varma (Editor)

Colruyt (supermarket)

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Trading name
  
Colruyt

Industry
  
Retailing

Key people
  
Jef Colruyt, Chairman

Founded
  
1950, Lembeek, Belgium

Parent organization
  
Colruyt Group

Type
  
Privately held company

Area served
  
Global

Founder
  
Franz Colruyt

Headquarters
  
Halle

Products
  
Discount store, hypermarket/supercenter/superstore

Revenue
  
5.3 billion EUR (2012–2013)

Colruyt is a chain of supermarkets, started at Lembeek near Halle, Belgium. Colruyt carries the name of the founder of the family business: Franz Colruyt. Colruyt is part of Colruyt Group, a Belgian multinational family business in wholesale distribution that evolved from the Colruyt supermarkets. It is competing with hard discounters such as Aldi and Lidl in Benelux countries where it is a well established market leader. The current manager is Jef Colruyt.

The company's retail trade division includes the direct supply of products to retail customers operating through brands Colruyt, OKay, Bio-Planet, DreamLand and ColliShop, among others. The company supplies to wholesalers and affiliated independent merchants in Belgium, France and Luxembourg. It also supplies fuels through DATS 24 filling stations in Belgium and France, provides printing and document management solutions (Druco/Mitto) and engineering activities (Intrion), and produces renewable energy (WE Power).

History

  • 1925 – Franz Colruyt, baker at Lembeek (near Halle) creates his own business in colonial goods (coffee, spices, etc.).
  • 1950 – Creation of the "nv Ets Franz Colruyt", food wholesaler, which will over time become Colruyt Group
  • 1958 – Jo Colruyt and his brothers take over the management of the company GV
  • 1994 – Death of Jo Colruyt. His son Jef Colruyt succeeds him.
  • References

    Colruyt (supermarket) Wikipedia