French retailer Casino has acquired a further 6% of Dutch grocer Super de Boer from Amber Fund.

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The EUR30m deal allows Casino to increase its stake in Super de Boer to 57%.


In January, Casino raised its share capital from 45% to 51% to take majority control of Super De Boer.


Super de Boer, the Netherlands’s number two food retailer, reported 2007 sales of EUR2.1bn (US$3.1bn).


In the last 18 months, Super de Boer has undergone something of an overhaul, selling its Edah and Konmar stores, consolidating its distribution network and cutting head office jobs.

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