HEMA owner Marcel Boekhoorn has not been able to conclude an agreement with the creditors of the retail chain. Boekhoorn's investment company Ramphastos had made an offer of 523 million euros.

Boekhoorn said in a statement that he was disappointed. "We have made a fantastic offer, but we do not have the impression that the offer has been seriously considered."

This means that Boekhoorn loses HEMA a year and a half after the takeover. At the time, he took over the retail chain from the British investment company Lion and has since tried to reduce the large debt burden of HEMA. That has not succeeded now.