Schuitema, the Dutch supermarket group, has thanked a store revamp and a review of its real estate for rising first-quarter profits.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


The company, in which UK private equity group CVC owns a 73% stake, booked operating profit of EUR28.9m (US$44.7m), a jump of 29%. Sales grew 3.3% to EUR1bn.


CEO Bert Roetert said: “The earnings of the first quarter are a positive development.”


Majority control of the C1000 owner changed hands last month when CVC struck a deal for Ahold’s stake in the business.


Ahold agreed to take on 58 Schuitema stores, a batch of real estate and receive EUR185m in cash.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Ahold will also get a 20% indirect stake in Schuitema, although it will not get a seat on the company’s board.

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now