3i Group has announced the acquisition of a majority stake in Hans Anders Retail Group from Alpha Private Equity and AlpInvest Partners for a consideration of €200m ($211.74m).
3i Group is a UK-based investment management firm, while Hans Anders is a Dutch optical retail stores operator.
AlpInvest is based in the Netherlands, while Alpha Private is headquartered in Luxembourg. Both the entities are private equity firms.
Hans Anders plans to expand its footprint through the acquisition.
SUPERVALU has signed an agreement to acquire a 100% stake in wholesale grocery distributor, Unified Grocers, for $375m.
The acquisition will enable SUPERVALU, a food retailing and supply chain services provider, to expand its customer base.
Both the companies involved in the acquisition are based in the US.