Kruidvat

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Kruidvat
Company typeSubsidiary of A.S. Watson Group
IndustryRetail
Founded1975
Headquarters,
Number of locations
Approximately 1900
Area served
Netherlands
Belgium
France
Spain
Key people
Dominic Lai (Group Managing Director)
ProductsPharmacy Health & Beauty
OwnerA.S. Watson Group
ParentCK Hutchison Holdings
Websitehttps://www.kruidvat.nl/winkelformule
A shop of Kruidvat in The Hague, the Netherlands (2008)

Kruidvat is a Dutch retail, pharmacy and drugstore, chain specialising in health and beauty products, which also has branches in Belgium, offering seamless O+O (online and offline) shopping experience to customers. The first Kruidvat was opened in 1975, by Ed During and Dick Siebrand. In addition to Kruidvat itself, Kruidvat Holding also owned ICI Paris XL, and Trekpleister [nl], in the Netherlands and Belgium.

It also holds 50% of Rossmann, in Poland, Hungary and the Czech Republic, in addition to Superdrug, in the United Kingdom, since August 2002.[1][2][3] Kruidvat Holding was sold to the company of Hong Kong, A.S. Watson, in November 2002, for 1.3 billion.[4] Kruidvat’s headquarters is located in Renswoude, with its main distribution centre in Heteren.

The acquisition of Superdrug was cleared by the European Commission in September 2002.[5][6] Superdrug was initially sold to Kruidvat in July 2001.[7]

See also

References

  1. ^ "Hutchison buys Superdrug owner". telegraph.co.uk. 23 August 2002. Retrieved 18 September 2020.
  2. ^ "Superdrug goes, Corbett stays at Kingfisher". citywire.co.uk. 3 July 2001. Retrieved 28 December 2020.
  3. ^ "Asian tycoon snaps up pharmacy giant". news.bbc.co.uk. 22 August 2002. Retrieved 29 December 2020.
  4. ^ "AS Watson man at helm laid foundation on Kruidvat deal". scmp.com. 30 August 2002. Retrieved 18 September 2020.
  5. ^ "Commission clears the acquisition of Kruidvat by AS Watson in the retail of health and beauty products". ec.europa.eu. 27 September 2002. Retrieved 28 December 2020.
  6. ^ "World Business Briefing Asia: Hong Kong: Hutchison Buys Drug Chain". nytimes.com. 23 August 2002. Retrieved 29 December 2020.
  7. ^ "Kingfisher PLC (KGF)". investegate.co.uk. 20 July 2001. Retrieved 28 December 2020.

External links