CVC Capital Partners is about to agree a sale of Dutch supermarket chain C1000 with a trade buyer, people familiar with the situation told Dow Jones Newswires on Wednesday.

Potential buyers include rival Dutch retailers Sligro Food Group NV (SLIGR.AE) and Jumbo Group Holding BV, and German retailer Edeka, which had all submitted initial offers. Buyout firms Bain Capital and BC Partners had also bid in the first round.

CVC Capital Partners bought C1000 for EUR695 million in 2008 and earlier this year hired Goldman Sachs Group Inc. (GS) to run an auction.

C1000 has around 400 stores and is the number-two supermarket chain in the Netherlands, after Ahold. Its revenue in 2010 was about EUR3.7 billion.

Reports suggest the bidding range was between EUR600 million and EUR1 billion.

-By Marietta Cauchi, Dow Jones Newswires; +44 207 842 9241; marietta.cauchi@dowjones.com

(Jessica Hodgson in London and Bart Koster in Amsterdam contributed to this article.)

Sligro Food Group NV (EU:SLIGR)
Historical Stock Chart
Von Apr 2024 bis Mai 2024 Click Here for more Sligro Food Group NV Charts.
Sligro Food Group NV (EU:SLIGR)
Historical Stock Chart
Von Mai 2023 bis Mai 2024 Click Here for more Sligro Food Group NV Charts.