Supermarket chain Marqt is being taken over by Udea, the parent company of the organic chain Ekoplaza, both parties report in a press release on Thursday.
A majority of the shareholders have opted for this. Both chains have a strong position in the organic shopping market.
Shareholders who have not agreed will be asked through legal channels whether they want to formally ratify the sale.
"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," say the selling shareholders of Marqt. "Moreover, Marqt will be retained as a retailer and brand for the future."
The group will focus on smaller food and beverage stores. In the first instance, ten to twelve profitable stores are envisaged. It was previously announced that Marqt will close the larger branches.