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Raet new HR service provider for supermarket chain Jumbo

21 November 2016

Jumbo intends to outsource two of its business units to Raet, the market leader in the Netherlands for HR service provision. Raet is going to take over the activities of Jumbo's HR Support and Payroll Accounting departments. This outsourcing decision is part of the restructuring that Jumbo announced earlier this year. In order to be able to act faster and more decisively as a company, Jumbo is now focusing more on its core activities. One of the starting points of the planned outsourcing is that all the individual employees concerned will transfer to Raet. No financial details will be published. The companies will provide more details of the transaction in the near future.

Ton van Veen, CFO of Jumbo Supermarkets explained the plans: “After a careful process, Raet was selected as our service provider. Raet is a reliable partner and a leading player in the HR services market. I am delighted that all employees can keep their jobs and can start working for Raet.”

Kobe Verdonck, CEO of Raet: “We are very happy about starting a partnership with Jumbo. The past few months have shown that there is a strong fit between Jumbo and Raet. This agreement perfectly matches Raet's strategy as an HR Solutions Provider, where we focus on a combination of leading HR Software and HR Services.”

The Works Councils have been informed and requests for their opinions have been submitted. The trade unions and the Social and Economic Council of the Netherlands (SER) have also been informed about the intended outsourcing.

About Jumbo Supermarkets

Jumbo currently has some 580 shops, including three Food Markets. There are also more than 250 Pick Up Points where customers can collect their online orders and the supermarket chain also delivers shopping to consumers' homes. The unique Jumbo formula (best service + largest range x lowest price) is featured in all shops and online, and customers can rely on Jumbo's 7 certainties. By always putting the customer first and central, this family-owned company has become one of the most highly valued chains of supermarkets. As a result, Jumbo was recently designated as the best supermarket in the Netherlands by GfK for the sixteenth time. The acquisition of Super de Boer in 2009 and C1000 in 2012 enabled Jumbo to become the second largest supermarket company in the country. In early 2016, Jumbo also took over the La Place chain of restaurants.

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