Ahold Delhaize reaches agreement on final transaction in Belgian store divestment process

Zaandam, October 4, 2017 – Ahold Delhaize announces today that it has reached agreement with Retail Partners Colruyt Group (RPCG), for their Spar banner, to divest the Albert Heijn Groenplaats location in Antwerp, Belgium. This deal represents the final sale in the mandatory store divestment program in Belgium following the merger of Ahold and Delhaize Group in 2016. 

The transaction is still subject to customary closing conditions. The location will be transferred in approximately one month. The associates of Albert Heijn Groenplaats will remain employed by Albert Heijn Belgium and will be relocated to other Albert Heijn stores in Antwerp and surrounding area. 

The Belgian Competition Authority (BCA) in March 2016 approved the merger of Ahold and Delhaize on the condition that the combined group would divest a limited number of stores and projects in Belgium to address competition concerns raised by the regulator.

 

Cautionary notice

This communication includes forward-looking statements. All statements other than statements of historical facts may be forward-looking statements. Words such as agreement to divest, subject to and will or other similar words or expressions are typically used to identify forward-looking statements. 

Forward-looking statements are subject to risks, uncertainties and other factors that are difficult to predict and that may cause actual results of Koninklijke Ahold Delhaize N.V. (the “Company”) to differ materially from future results expressed or implied by such forward-looking statements. Such factors include, but are not limited to the risk factors set forth in the Company’s public filings and other disclosures. Forward-looking statements reflect the current views of the Company’s management and assumptions based on information currently available to the Company’s management. Forward-looking statements speak only as of the date they are made and the Company does not assume any obligation to update such statements, except as required by law. Koninklijke Ahold Delhaize N.V. also presents itself under the name of “Royal Ahold Delhaize” or simply “Ahold Delhaize.”

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