Supermarket alternative Marqt to merge with Ekoplaza parent

Organic supermarket chain Marqt is merging with Udea, the parent company of organic chain Ekoplaza, the two parties announced in a press release on Thursday. A majority of their shareholders approved the merger.

Both chains have a strong position in the organic shopping market. By merging, they hope to further strengthen that position.

"Through this partnership, Marqt's sustainable mission is maintained, major operational and logistical synergy benefits can be achieved, and a sound basis and financial structure is created to build on", the Marqt shareholders said in the press release. "Moreover, Marqt will be retained as a retailer and brand for the future."

From its Amsterdam base, Marqt will henceforth focus on smaller food- and beverage stores, Marqt kitchen, and its online activities. "In order to benefit even more from the opportunities of the changing needs and wishes of the metropolitan consumer and the increasing sales of organic and sustainable products and fresh meals."