Ahold and Delhaize Group have completed their merger following the approval of the United States Federal Trade Commission.
Ahold Delhaize becomes one of the world’s largest food retail groups and a substantial player in e-commerce with the merger. The company will operate multiple supermarket banners located down the U.S. East Coast including Hannaford, Food Lion, Stop & Shop, Giant and Martins as well as online grocer Peapod. Worldwide, Ahold Delhaize will operate 22 food retail banners and 6,500 stores in 11 countries.
Ahold Delhaize also has introduced a new logo to provide a visual brand identity for the combined operation.
Given their individual histories, with Ahold based in the Netherlands and Delhaize based in Belgium, the stock of the new company, Ahold Delhaize, will trade on two stock markets, Euronext Amsterdam and Euronext Brussels.
Ahold Delhaize CEO Dick Boer, who was CEO of Ahold, stated, “Today is the start of an important new chapter and a unique opportunity to deliver even more for customers and communities, associates and shareholders. Building on common values, complementary operations and proud legacies of success, we move forward with leading positions particularly on the United States East Coast and in Europe. Our strong e-commerce businesses and 22 great, local brands each share a passion for delivering great food, value, and innovation for customers, and for making a difference in their local communities.”
Recently, Ahold and Delhaize divested 86 stores in the United States, paving way for the FTC approval. Purchasers of the 86 stores included Publix, which acquired 10 Ahold-owned Martin’s stores in the Richmond, VA, market; Supervalu, which acquired 22 Food Lion stores in Maryland, Pennsylvania, Virginia and West Virginia; and Weis Markets, which acquired 38 Food Lion stores in Delaware, Maryland and Virginia.