Specialist retail investor Alteri Investors has acquired northern European toyshop chain Intertoys. The purchase price was not disclosed.

The chain was previously held by Dutch retail conglomerate Blokker Holding.

Intertoys operates around 500 stores across the Netherlands, Belgium, Germany and Luxembourg, and also sells its products through online stores. It has around 4,000 employees.

Alteri hopes to help Intertoys improve its business in areas including online retail, supply chain, store innovation and marketing with the aim it of becoming the leading specialist toy retailer in the Netherlands, with a strengthened position elsewhere.

 

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