C1000

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C1000 was a Dutch supermarket chain. Founded on 1 April 1977, the chain had 500 stores in 2012, with a market share of 12.1%. The supermarket chain operated in a rather unusual manner for supermarkets in the Netherlands, using the franchise system. C1000 often found itself in competition with Albert Heijn, the largest Dutch supermarket chain. Until 2008 however, C1000's parent company Schuitema was owned by Royal Ahold, Albert Heijn's parent company. In 2008 Ahold sold its shares to CVC Capital Partners. In September 2011, CVC announced that they were looking for a buyer for the company now renamed to C1000 BV. CVC received bids from several groups: Jumbo Supermarkten, Sligro Food Group, Edeka and Sperwer Group. On 23 November 2011, it was announced that Jumbo would take over the C1000 stores, with the exception of a select few that had to be sold to other groups due to competition regulations. Owing to the acquisition, Jumbo became the second-largest supermarket chain in the Netherlands, after Albert Heijn. The C1000 formula was used by Jumbo Supermarkten until 2015 when C1000 shops were re-branded under the Jumbo formula; at the time there were still 252 supermarkets using the C1000 formula across the country.