Lion Capital Puts Dutch Homeware Retailer Hema Up for Sale

  • Credit Suisse appointed as adviser in review of options
  • Dutch retailer on mend with 10 quarters of sales growth

Cyclists ride bicycles near a Hema store in Utrecht.

Photographer: Jasper Juinen/Bloomberg
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Hema, a 91-year-old Dutch retailer known for design housewares, is for sale.

Private equity firm Lion Capital LLP, which bought the chain a decade ago, is considering strategic options for Hema and appointed Credit Suisse Group AG as an adviser to a possible sale, the Amsterdam-based retailer said in a statement on Thursday.