Inno stores in Belgium taken over by a Swedish group

The Inno department store chain has been bought by Axcent of Scandinavia and by the investment company Skel, the Inno Belgium group said on Saturday. The transaction, the amount of which has not been disclosed, is expected to be completed this month. The new owner plans to open more Inno stores in the country....

16:35 De Belgische keten van department stores Inno wordt overgenomen door een Zweeds-IJslands consortium. Een van de zakenlui erachter is sinds recent ook eigenaar van interieurketen Casa. Hij heeft uitbre...

Inno gets a new owner. The Swedish retail group Axcent of Scandinavia and the Icelandic investment company Skel are buying the Belgian department store chain from the German group Galeria Karstadt Kaufhof.