Jumbo is a supermarket chain in the Netherlands and Belgium. It is part of the privately owned Van Eerd Group. Van Eerd jumbo potatoes originally a grocery wholesale company established in 1921. On 18 October 1979, Jan and Anita Meurs opened the first Jumbo supermarket in a former church building in Tilburg.
It was named after the elephant Jumbo as an act of one-upping the name of a local rival store called Torro, which belonged to Van Eerd. In 1983, Van Eerd bought the Jumbo store from the Meurs family and subsequently expanded, first in the southern provinces, then nationwide. As of May 2006, 77 establishments have been opened throughout the Netherlands. Together, they have a market share of 3. Netherlands as of 1 January 2006. The head office and distribution centre are situated in Veghel. In September 2011, CVC announced that they would sell the C1000 supermarket chain.
On 23 November 2011, it was announced that Jumbo would take over all C1000 stores. As a consequence, Jumbo became the second largest supermarket chain in the Netherlands, after Albert Heijn. D’s restaurant chain, La Place, out of bankruptcy for an undisclosed amount of money. Jumbo and in 2019 Team Jumbo-Visma. Jumbo has been sponsoring Max Verstappen since 2016. In September 2022, company CEO Frits van Eerd was arrested amid ongoing investigations into money laundering that was carried out through real estate transactions, automotive trade and sponsorship in motocross.
Jumbo commissioned an independent investigation into its sponsorship activities and found no criminal offenses or irregularities. Gallery: Team LottoNL-Jumbo unveiled in Utrecht”. Max Verstappen’s Sponsors, Endorsements and Earnings”. Max Verstappen sponsor reiterates commitment to Dutchman after money laundering investigation surfaces”. Jumbo ending most motorsport sponsorship amid money laundering investigation”.
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