We use our own and third-party cookies to optimize your experience on this site, including to maintain user sessions. Without these cookies our site will not function well. If you continue browsing our site we take that to mean that you understand and accept how we use the cookies. If you wish to decline our cookies we will redirect you to Google.
Already have an account? Sign in.

 Remember Me | Forgot Your Password?

Delhaize, Ahold Announce Merger Deal

June 24, 2015: 12:00 AM EST
Retailers Delhaize Group and Koninklijke Ahold announced their agreement to merge. To be named Ahold Delhaize, the combined company will have a total workforce of 375,000 associates serving more than 50 million customers each week in Europe and the United States. Expected to create run-rate synergies of €500 million yearly, the deal will create significant value for the parties involved. Combined, the companies earned €54.1 billion in net sales, with adjusted EBITDA of €3.5 billion, net income from continued operations of €1.0 billion, and free cash flow of €1.8 billion in 2014.
"Ahold and Delhaize announce intention to merge", Ahold, June 24, 2015, © Ahold
Domains
RETAIL BUSINESS
Operations
Strategy
Geographies
Worldwide
EMEA
Europe
Netherlands
Belgium
Categories
Companies, Organizations
Deals, M&A, JVs, Licensing
Press Release
Developed by Yuri Ingultsov Software Lab.