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SPAR, originally DESPAR, styled as DE SPAR, is a Dutch multinational that provides branding, supplies and support services for independently owned and operated food retail stores. It was founded in the Netherlands in 1932, by Adriaan van Well, and consists of 13,623 stores in 48 countries. The company's name is an acronym of the slogan ''"Door Eendrachtig Samenwerken Profiteren Allen Regelmatig"'', which was used by van Well to describe the brand and translates as "All Benefit from Joint Co-operation Regularly". Its headquarters are located in Amsterdam. The company operates a partnership programme and has a presence in most European countries, as well as many others throughout Asia, Africa and Oceania. In fiscal year 2021, SPAR earned €41.2 billion in global sales, which represented a 3.3 percent increase over the previous year. Etymology The name was originally DESPAR, an acronym of the Dutch phrase ( en, "through united co-operation everyone regularly profits" ...
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Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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