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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.

"The acquisition will enable SUPERVALU, a food retailing and supply chain services provider, to expand its customer base."

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.

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By GlobalData

Both the companies involved in the acquisition are based in the US.