Maxeda

[5] The company was based in Amsterdam with 25,000 employees (16,000 FTEs) in seven countries (the Netherlands, Belgium, Luxembourg, Denmark, Germany, France and Spain) and net sales of more than €4 billion (2003/04).

[7] The acquisition amount has not been released, but analysts estimate it to be approximately €1.3 billion, roughly equal to HEMA's 2006 sales.

At the time, HEMA employed approximately 10,000 employees in 336 branches in the Netherlands, Belgium, Germany and Luxembourg.

In January 2011, M&S Mode, a chain of women's fashion stores, was sold to Excellent Retail Brands group (ERB).

At that time, M&S Mode had an international network of 417 stores [8] In 2016, private equity parties Ardian and Goldentree, as venture investors (or so-called Distressed Debt Funds), became part owners of Maxeda by converting their loans into shares.