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Dutch retail chain Intertoys sold to Alteri Investors

Dutch retail chain Intertoys sold to Alteri Investors
From Reuters - October 12, 2017

AMSTERDAM (Reuters) - Alteri Investors has agreed to buy Dutch toy store chain Intertoys from Blokker Holding for an undisclosed sum, the Dutch company said on Thursday.

Intertoys operates around 500 stores in the Netherlands, Belgium, Germany and Luxemburg and has more than 4,000 employees.

Blokker in May said it would sell Intertoys, as well as other chain stores such as Asian goods importer Xenos and furniture outlet Leen Bakker, as it tries to stem losses.

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