Samiksha Jaiswal (Editor)

Maxeda

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Type
  
Private

Revenue
  
€ 3.218 Billion (2007)

Headquarters
  
Amsterdam, Netherlands

Number of employees
  
18,320

Industry
  
Retail

Website
  
www.maxeda.nl

Founded
  
1999

Parent organization
  
KKR & Co. L.P.

Maxeda httpsgoodlogocomimageslogosmaxedalogo2766gif

Key people
  
Tony De Nunzio, Chairman

Products
  
General merchandise, financial services

CEO
  
Roel F. van Neerbos (7 Jan 2014–)

Maxeda (formerly Vendex KBB) is a Dutch retail group that operates do it yourself stores in Belgium and the Netherlands. Maxeda is the result of the merger of Koninklijke Bijenkorf Beheer (KBB) and Vendex. Formerly it owned large Dutch department stores. Since 2004 Maxeda is owned by a consortium of investors led by American private equity firm Kohlberg Kravis Roberts.

Contents

Do-it-yourself chains

  • Brico (Belgium)
  • Brico Plan-it (Belgium)
  • Formido (Netherlands)
  • Praxis (Netherlands)

    • Former chains

    Clothing

  • MS Mode (at the time known as M&S Mode) (Netherlands, Belgium, Luxembourg, Germany, France and Spain) - sold in 2010 to Excellent Retail Brands
  • Hunkemöller (Lingerie) (Netherlands, Belgium, Luxembourg, Germany, France, Denmark, Curaçao, Saudi-Arabia, Bahrein, Qatar, United Arab Emirates, Kuwait and Aruba) — in 2010 sold to PAI Partners.
  • Claudia Sträter (Netherlands, Belgium, Luxembourg and Germany) - sold in 2009

    • Restaurants

  • La Place (Netherlands) — sold to Sun European Partners (along with Vroom & Dreesman)

    • Department stores

  • De Bijenkorf (Netherlands) — in 2010 sold to Wittington Investments for €290 million
  • Vroom & Dreesmann (also known as V&D) (Netherlands) — in 2010 sold to American investment company Sun Capital Partners
  • HEMA (Netherlands, Belgium and Germany) — in 2007 sold to the British investment group Lion Capital LLP

    • Consumer electronics

  • Dixons (Netherlands) — sold to Dexcom in 2006

    • Jewellery and watches

  • Schaap & Citroen (Netherlands) - sold in 2009

    • Maxeda ITS

    Maxeda IT Services is an independent IT company which focuses on the Maxeda stores, formerly known as Vendex KBB ITS or IDETA. However they also have a wide selection of clients that are not within the Maxeda group. Since 2008, all employees and contracts were outsourced to Capgemini as Capgemini Retail Solutions, a part of Capgemini Outsourcing.

    References

    Maxeda Wikipedia
    (Text) CC BY-SA