Kruidvat

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Kruidvat
TypeSubsidiary of A.S. Watson Group
IndustryRetail
FoundedSeptember 1975
Headquarters
Renswoude
,
Netherlands
Number of locations
c. 1900
Area served
Netherlands
Belgium
France
Spain
Key people
Dominic Lai (Group Managing Director)
ProductsPharmacy
Health & Beauty
OwnerA.S. Watson Group
ParentCK Hutchison Holdings
Websitewww.kruidvat.nl/winkelformule
A shop of Kruidvat in The Hague, the Netherlands (January 2008)

Kruidvat is a Dutch retail, pharmacy and drugstore chain specialising in health and beauty products which also has branches in Belgium. The first Kruidvat was opened in September 1975 by Ed During and Dick Siebrand. Kruidvat Holding also owned ICI Paris XL, and  [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 Hong Kong based company A.S. Watson in November 2002 for €1.3 billion.[4] Kruidvat’s headquarters are located in Renswoude and their main distribution centre is in Heteren, of which construction was announced in March 2007.[5]

The acquisition of Superdrug was cleared by the European Union’s Directorate-General for Competition in September 2002.[6][7] Superdrug was initially sold to Kruidvat in July 2001.[8]

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. ^ "Kruidvat goes for automation in Heteren". logisticsmanager.com. 1 March 2007. Retrieved 10 May 2021.
  6. ^ "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.
  7. ^ "World Business Briefing Asia: Hong Kong: Hutchison Buys Drug Chain". nytimes.com. 23 August 2002. Retrieved 29 December 2020.
  8. ^ "Kingfisher PLC (KGF)". investegate.co.uk. 20 July 2001. Retrieved 28 December 2020.

External links[]


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