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Ahold Delhaize

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Koninklijke Ahold Delhaize N.V. (in Dutch literally "Royal Ahold Delhaize"), commonly known as Ahold Delhaize,[5] is a Dutch-Belgian multinational retail and wholesale holding company. Its name comes from the 2016 merger of two companies: Ahold (Dutch) and Delhaize Group (Belgian), which both have origins in the 1800s. Its business format includes supermarkets, convenience stores, hypermarkets, online grocery, online non-food, drugstores, and liquor stores. Its 16 local brands employ 402,000 people at 7,716 stores across nine countries.[6][7] The United States is where two-thirds of the holding company's revenue is generated.[8]

Koninklijke Ahold Delhaize N.V.
Company typePublic (N.V.)
Euronext Amsterdam: AD
AEX component
ISINNL0011794037
Industry
Predecessors
Founded25 July 2016; 8 years ago (2016-07-25)
HeadquartersZaandam, Netherlands
Number of locations
7,910 (2024)
Key people
  • Frans Muller (President and CEO)
  • Jerry W Fleeman (CEO Ahold Delhaize USA)
  • Wouter Kolk (CEO Ahold Delhaize Europe and Indonesia)
  • Jolanda Poots-Bijl (CFO)[1]
RevenueIncrease €87 billion (2022)[2]
Increase €2.5 billion (2022)[3]
Number of employees
414,000[4]
Websitewww.aholddelhaize.com

Ahold Delhaize's world headquarters is in Zaandam, just north of Amsterdam.[9] Other countries with Ahold Delhaize businesses include the Czech Republic, Greece, Luxembourg, Romania, Serbia, and the United States. It also participates in joint ventures in Indonesia and Portugal.[10][11]

Ahold Delhaize shares are listed on Euronext Amsterdam and Brussels (ticker: AD).[12] Ahold's CEO, Dick Boer, became the CEO of Ahold Delhaize until his retirement in 2018, and Frans Muller, the former CEO of Delhaize Group, succeeded Dick Boer, after previously having served under Dick Boer's supervision, as the deputy CEO, chief integration officer and acting chief operations officer (ad interim) of Delhaize America.[13][14]

Operating more than 2,000 stores of multiple brands across 23 states, Ahold Delhaize is among the largest food and consumables retailers in the United States via its regional subsidiaries.[15]

History

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Ahold Delhaize was formed in July 2016 from the merger of Ahold and Delhaize Group.[16][17] Delhaize Group dates back to 1867, when the Delhaize brothers opened a shop in Charleroi, Belgium. Ahold, originally named Albert Heijn N.V., started in 1887 when Albert Heijn bought the general store of his father in the Dutch town of Oostzaan. He gave the store his name and transformed it into a modern specialized grocery together with his wife, Neeltje Heijn. After a few years, he owned a chain of Dutch stores.

In 2018, the company experienced significant growth in the United States (Food Lion), the Netherlands, and online.[18] Growth in Belgium has been minimal.[18]

With around 380,000 employees in almost 7,000 stores, the company achieved a turnover of 66 billion euros in 2019.[19]

Beginning in June 2020, Ahold Delhaize implemented a partnership with Instacart to provide home delivery from more than 750 stores operated under the Hannaford, Food Lion, Giant Food, and Stop & Shop brands.[20] The company further expanded in the United States with the acquisition of a majority stake in FreshDirect, an online grocer. As of 2021, Ahold Delhaize has plans to establish Ship2Me, an online marketplace featuring food and merchandise items, in the second half of the year.[21]

In November 2023, Ahold Delhaize sold FreshDirect to Turkish company Getir.[22] Part of the reason for the sale was so that Ahold Delhaize, specifically Ahold Delhaize USA, could focus more on the "omnichannel experience" and to strengthen its presence in supermarkets and online.

As of 2023, Ahold Delhaize announced the acquisition of Romanian retailer Profi for approximately €1.3 billion from Mid Europa Partners.[23]

Brands and stores

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Brand Number of stores
Stop & Shop 395
Food Lion 1108
GIANT Company 193
Hannaford 187
Giant Food 165
Albert Heijn 1268
Etos 523
Gall & Gall 628
Delhaize 818
Albert 340
Alfa Beta 585
Mega Image 977
Delhaize Serbia 529

See also

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References

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  1. ^ Jolanda Poots-Bijl appointed to the Management Board of Ahold Delhaize as CFO /
  2. ^ "Annual Report". 13 March 2022. Archived from the original on 13 March 2023. Retrieved 13 March 2023.
  3. ^ "Annual Report". 13 March 2022. Archived from the original on 13 March 2023. Retrieved 13 March 2023.
  4. ^ "Annual Report". 13 March 2022. Archived from the original on 13 March 2023. Retrieved 13 March 2023.
  5. ^ "Governance". www.aholddelhaize.com. Archived from the original on 13 December 2021. Retrieved 1 May 2022.
  6. ^ "Brands". www.aholddelhaize.com.
  7. ^ "About". www.aholddelhaize.com.
  8. ^ "Ahold Delhaize-ceo Muller vindt in VS vooral uitbreiding in zuiden interessant". FD.nl (in Dutch). Retrieved 15 February 2024.
  9. ^ "'Hoofdkantoor Ahold-Delhaize komt in Nederland' - HLN.be". hln.be. Archived from the original on 11 October 2016. Retrieved 8 September 2016.
  10. ^ "Ahold en Delhaize verstaan elkaar soms slecht". MT/Sprout (in Dutch). 26 February 2018. Archived from the original on 4 September 2021. Retrieved 1 May 2022.
  11. ^ "Ahold richt zich met Delhaize in België meer op gemakswinkels". RTL Nieuws (in Dutch). 4 June 2018. Archived from the original on 4 September 2021. Retrieved 1 May 2022.
  12. ^ "First Trading Day Ahold Delhaize on Euronext". Euronext. Archived from the original on 2 August 2017. Retrieved 2 August 2017.
  13. ^ "Ahold, Delhaize complete merger agreement". SupermarketNews. 24 June 2015. Archived from the original on 26 June 2015. Retrieved 26 June 2015.
  14. ^ "FT.com". Financial Times. 17 April 2016. Archived from the original on 24 August 2016. Retrieved 8 September 2016.
  15. ^ "Ahold Delhaize Is Acquiring FreshDirect". Progressive Grocer. 18 November 2020. Archived from the original on 2 December 2020. Retrieved 10 December 2020.
  16. ^ "Delhaize Group and Ahold complete merger after receiving clearance from the U.S. Federal Trade Commission" (Press release). GlobeNewswire. 23 July 2016. Archived from the original on 25 July 2016. Retrieved 25 July 2016.
  17. ^ Wilmot, Stephen (24 July 2016). "A New U.S.-European Grocery Giant Is Born - WSJ". Wall Street Journal. wsj.com. Archived from the original on 7 September 2016. Retrieved 8 September 2016.
  18. ^ a b "Stevige groei bij Ahold Delhaize". Telegraaf. 7 November 2018. Archived from the original on 24 November 2018. Retrieved 24 November 2018.
  19. ^ "Investor Relations". www.aholddelhaize.com. Archived from the original on 28 April 2022. Retrieved 1 May 2022.
  20. ^ "Northeast grocer provides same-day delivery". Chain Store Age. 20 August 2020. Archived from the original on 28 January 2021. Retrieved 7 December 2020.
  21. ^ "Ahold Delhaize's US identical sales move forward modestly in Q1". Grocery Dive. 12 May 2021. Archived from the original on 13 May 2021. Retrieved 13 May 2021.
  22. ^ Lunden, Ingrid (8 November 2023). "More consolidation in grocery delivery: Getir acquires FreshDirect to beef up in the US". TechCrunch. Retrieved 26 November 2023.
  23. ^ "Ahold Delhaize announces the acquisition of Profi Rom Food SRL, a leading grocery retailer in Romania". 30 October 2023.
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