Ahold Delhaize
| Koninklijke Ahold Delhaize NV | |
|---|---|
| legal form | NV |
| ISIN |
NL0011794037 ( Euronext Amsterdam ) BE0003562700 ( Euronext Brussels ) |
| founding | July 24, 2016 |
| Seat |
Zaandam , Netherlands
|
| management | Dick Boer (CEO) |
| Number of employees | 375,000 (2016) |
| Branch | retail trade |
| Website | www.aholddelhaize.com |
Koninklijke Ahold Delhaize NV , or Ahold Delhaize for short , is the parent company of an international food retail group that was created in July 2016 through the merger of the Dutch group Koninklijke Ahold with the smaller Belgian Delhaize Group . Ahold Delhaize is one of the largest food retailers in the world.
history
After a first attempt at the merger failed in 2006, Ahold and Delhaize announced their agreement on the merger in summer 2015. One of the reasons was the expansion efforts of the competing German discounter Aldi and Lidl in the United States . Ahold paid around 25 billion euros to Delhaize for the association. The merger agreement was signed on July 23, 2016 after approval by the shareholders and competition authorities, with effect from July 24, the first business day and first trading day of the share on the stock exchange was the following Monday, July 25.
Structure, key figures, market position
The joint stock company is based in the Amsterdam suburb of Zaandam in the Netherlands. The stock is at € Next -Börsenplatz Amsterdam in the AEX index and the stock exchange in Brussels Index BEL20 listed. Ahold holds 61% of the shares in the company. The previous Ahold boss Dick Boer is CEO , the previous Delhaize boss Frans Muller is his deputy. The company operates a total of over 6,500 stores and employs 375,000 people through 22 regional sales divisions in ten European countries as well as on the east coast of the United States and through a joint venture with the Salim Group in Indonesia .
Mathematically, the group achieved sales of at least 54 billion euros in 2016 (total sales 2014), 33 billion of which came from Ahold. For 2016 a net turnover of around 63 billion euros is estimated. The group will generate almost two thirds of its sales in its more than 2,000 supermarkets in the east coast states of the United States, as has previously been the case with both original companies. It is the fourth largest grocery chain in Europe, the largest of the listed ones, ahead of Tesco and Carrefour . In the USA, Ahold Delhaize is also in fourth place behind Walmart , Kroger and Albertsons / Safeway with around 5% market share. The merger is expected to save up to 500 million euros annually from 2019.
Individual evidence
- ^ Delhaize Group and Ahold complete merger after receiving clearance from the US Federal Trade Commission - GlobeNewswire, July 23, 2016
- ↑ Fusion perfect: supermarket chains Ahold and Delhaize merge - NZZ , July 24, 2016
- ↑ Billion merger: The retail formats of Ahold Delhaize , LebensmittelZeitung
- ↑ Ahold, Delhaize in $ 28 billion merger focused on US east coast - Reuters, July 24, 2016