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Business

Ramphastos Investments fails to make agreement with Hema bondholders

Ramphastos Investments has announced that it has failed to reach an agreement with Hema’s bondholders after offering 523 million euros in an attempt to reduce the company’s debts. The owner of Ramphastos Investments Marcel Boekhoorn acquired Hema at the end of 2018 and has since invested 115 million euros in the Dutch department store chain. He...

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BusinessFeatured

Billionaire Marcel Boekhoorn acquires Dutch retailer Hema

Dutch discount retail chain Hema has been acquired by Ramphastos Investments, the investment company owned by Dutch billionaire Marcel Boekhoorn. The company, which is owned by British investment firm Lion Capital LLP since 2007, intends to improve its profitability, grow its e-commerce and expand internationally over the next few years. The...

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