Ahold Delhaize sells AH Groenplaats to Spar (Colruyt) | RetailDetail

Ahold Delhaize sells AH Groenplaats to Spar (Colruyt)

Ahold Delhaize sells AH Groenplaats to Spar (Colruyt)
Shutterstock

There was one store, located on the Groenplaats in Antwerp, still holding back Ahold and Delhaize’s Belgian merger, but it has now been sold to Colruyt Group, which will turn it into a Spar

Ready for merger

The Belgian Competition Authority (BMA) forced the merger partners to sell thirteen stores before they could merger in Belgium: eight Albert Heijn and five Delhaize stores. The one Albert Heijn location on the Groenplaats in Antwerp failed to find a buyer, but it has finally been sold, Ahold Delhaize announced today.

 

The sale will be finalized within a month, the company expects, but the BMA still has to approve the sale. The store’s employees will be moved to other Albert Heijn locations nearby. Once the store has been sold, the Ahold Delhaize merger in Belgium can finally happen.

Questions or comments? Please feel free to contact the editors


Gerelateerde items

Nestlé has lost KitKat's four fingers

23/04/2018

Chocolate bar KitKat’s four “fingers” are not distinctive enough to give Nestlé sole ownership. With its statement, the European Court has now ended a long-standing legal battle between KitKat and Leo.

EU votes for better organic label legislation

20/04/2018

European Parliament adopted a bill to regulate the organic industry: things will be stricter, but also fairer and clearer. An organic label and importation legislation should help promote Europe’s local organic manufacturing companies.

Heineken and Bavaria seek fortune outside of Europe

19/04/2018

Even though the European beer market continues to struggle, Dutch brewery groups Heineken and Bavaria have published growing turnovers. Bavaria set a record turnover, Heineken raised its turnover 4.3 % in the past quarter.

Danone boasts strongest like-for-like turnover increase in past five years

19/04/2018

French food giant Danone’s first quarter was an impressive one: like-for-like turnover grew 4.9 %, its best performance in the past five years.

Weak dollar has negative impact on Unilever

19/04/2018

Unilever has seen its first quarter turnover drop more than 5 % because of negative exchange rate fluctuations. Excluding that impact, the food and care product manufacturer’s turnover would have grown 3.4 %.

End in sight for price dispute between Nestlé and Colruyt, Edeka and Intermarché?

17/04/2018

ColruytEdeka and Intermarché are approaching a deal in their price dispute with Nestlé. The Swiss food manufacturer will make concessions in a new proposal as the retailers’ supplies are dwindling.