Tried to sell Reitan empire for 50 billion – Hegnar Online

the Money is surging into for the Odd Reitan and his two sons, Ole Robert and Magnus. In 2015 ended the earnings for the parent company Reitangruppen at 64,1 billion, while operating profit before depreciation and write – downs (EBITDA), ended up on the sky-high nok 4.5 billion.

Tuesday, writes Finansavisen that the Reitan family should have wanted to collect the winnings on the family business in third generation. The price should have been up to 50 billion.

One of the sources with in-depth knowledge of budprosessen tells that mostly took place in the late summer of last year. Investment bank Goldman Sachs should have been hired as the facilitator and the first indicative bids should have come in september, before the process bråstoppet.

Before christmas, it was speculated in a sale, but it was rejected by Ole Robert Reitan and Rema-army. It went so far that Ole Robert Reitan played in a movie to calm salgsryktene.

But from a number of independent hold get On stated that Goldman Sachs has been in contact with several of the largest private equity players in London to hear whether they will buy Rema 1000, Reitan Convenience, and the Uno-X Group. Everything, except for the company’s investeringsdel should have been vented for sale.

When the process in London started to leak out, to Reitan family have been quick to put the plans on hold in order to avoid uneasiness.

It is said that they want to focus differently and create a kind of familiekontor where the money will be managed in property, stocks and bonds, ” says one of the sources of Mallorca.

Chief financial officer Kristin Genton in Reitangruppen rejected Finansavisens questions about Rema 1000 was for sale the 7. november of last year. Also yesterday disproved she the sales process:

“I can confirm that the reitan group has not engaged a broker to sell REMA 1000 and Reitan Convenience. I also refers to the video as Ole Robert Reitan let out on Facebook before christmas.”

In the video tells Ole Robert Reitan that Rema 1000 is not for sale – a video which, incidentally, came out a month after Finansavisens first inquiry.