Last Refreshed: 7/23/2021 10:48:37 PM
Press release

Dutch competition authority approves Ahold’s transfer of C1000 and Jumbo stores

Amsterdam, the Netherlands – Ahold today announced that the Dutch competition authority (NMa) has approved the transfer of 78 C1000- and 4 Jumbo stores to Ahold.

On April 26, 2012, Ahold announced that it had reached an agreement with Jumbo Supermarkten on the transfer of C1000 and Jumbo stores, as part of Ahold’s strategy to reshape retail at the company and grow.

NMa approval is one of several customary conditions for the completion of the transaction. Completion of the transaction will take place when all conditions have been fulfilled.

Cautionary notice

This press release includes forward-looking statements, which do not refer to historical facts but refer to expectations based on management's current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those included in such statements. These forward-looking statements include, but are not limited to, statements as to Ahold’s retail and growth strategies and the completion of the transaction and the timeframe thereof. These forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from future results expressed or implied by the forward-looking statements. Important factors that could cause actual results to differ materially from the information set forth in these forward-looking statements include, but are not limited to, factors discussed in Ahold’s public filings and other disclosures. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as per the date of this press release. Ahold does not assume any obligation to update any public information or forward-looking statements in this release to reflect subsequent events or circumstances, except as may be required by applicable laws. Outside the Netherlands, Koninklijke Ahold N.V., being its registered name, presents itself under the name of “Royal Ahold” or simply “Ahold”.