Ahold Delhaize

Last updated

Koninklijke Ahold Delhaize N.V.
Company type Public (N.V.)
Euronext Amsterdam:  AD
AEX component
ISIN NL0011794037
Industry
Predecessors
Founded25 July 2016;7 years ago (2016-07-25)
Headquarters Zaandam, Netherlands
Number of locations
7,659 (2022)
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 (starting 1 october 2023 (CFO)) [1]
RevenueIncrease2.svg €87 billion (2022) [2]
Increase2.svg €2.5 billion (2022) [3]
Number of employees
414,000 [4]
Website www.aholddelhaize.com

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 merger between Ahold (Dutch) and Delhaize Group (Belgian), the two merging companies which form the present-day Ahold Delhaize. Its business format includes supermarkets, convenience stores, hypermarkets, online grocery, online non-food, drugstores, and liquor stores. Its 21 local brands employ 414,000 people at 7,659 stores in 10 countries, predominantly its home nations the Netherlands and Belgium. [6] However the United States has become the single market where two-thirds of the holding company's revenue is generated. [7]

Contents

Ahold Delhaize's world headquarters is in Zaandam, just north of Amsterdam. [8] 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. [9] [10]

Ahold Delhaize shares are listed on Euronext Amsterdam and Brussels (ticker: AD). [11] 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. [12] [13]

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. [14]

History

Ahold Delhaize was formed in July 2016 from the merger of Ahold and Delhaize Group. [15] [16] 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. [17] Growth in Belgium has been minimal. [17]

With around 380,000 employees in almost 7,000 stores, the company achieved a turnover of 66 billion euros in 2019. [18]

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. [19] 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. [20]

In November 2023, Ahold Delhaize sold FreshDirect to Turkish company Getir. [21] 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. [22]

Brands and formats

Ahold Delhaize (co-)owns a number of supermarket chains and e-commerce businesses. [23]

CountryCompanyTypeOpening
(Acquisition)		StoresNote
Flag of Belgium (civil).svg  Belgium Delhaize Supermarket1867754Including Proxy Delhaize (245 stores), AD Delhaize (222 stores), Shop & Go (150 stores), Fresh Atelier (8 stores) and Delhaize.be.
Albert Heijn Supermarket201153Including AH.be
Bol.com E-commerce1999
(2012 by Ahold)		n/a
Flag of the Czech Republic.svg  Czech Republic Albert Supermarket1991324Including Albert Online (e-commerce)
Flag of Greece.svg  Greece Alfa Beta Vassilopoulos Supermarket1939
(1992 by Delhaize)		526Including AB City (21 stores), AB Food Market (81 stores), AB Shop & Go (122 stores).
EnaCash & Carry-
(2000 by Delhaize)		14
Flag of Indonesia.svg  Indonesia Super IndoSupermarket1997171Joint venture with Salim Group, Ahold Delhaize holds a 51% share.
Flag of Luxembourg.svg  Luxembourg Delhaize Supermarket54Including Proxy Delhaize (21 stores), AD Delhaize (2 stores), Shop & Go (23 stores).!
Flag of the Netherlands.svg  Netherlands Albert Heijn Supermarket1877990Including AH to go (87 stores), AH XL (37 stores) and AH.nl.
Gall & Gall Liquor store1884
(1989 by Ahold)		588
Etos Drug store1919
(1973 by Ahold)		545
Bol.com E-commerce1999
(2012 by Ahold)		n/a
Flag of Portugal.svg  Portugal Pingo Doce Supermarket1980436Joint venture with Jerónimo Martins, Ahold Delhaize holds a 49% share.
Flag of Romania.svg  Romania Mega Image Supermarket1995
(2000 by Delhaize)		854Including Shop & Go (435 stores), Mega Image - Concept (4 stores) and Gusturi Romanesti (2 stores).
Profi Supermarket2001
(2023 by Delhaize)		1600
Flag of Serbia.svg  Serbia Maxi Supermarket2000
(2011 by Delhaize)		434Including Shop & Go (192 stores).
Tempo Supermarket200312
Flag of the United States.svg  United States BfreshSupermarket20141
Food Lion Supermarket1957
(1974 by Delhaize)		1103
Giant-Landover Supermarket1936
(1998 by Ahold)		166
Giant/Martin's
(Giant-Carlisle)		Supermarket1923
(1981 by Ahold)		190
Hannaford Supermarket1883
(2000 by Delhaize)		189
Peapod Online grocer1989
(2000 (51%), 2001 (100%) by Ahold)		n/a
Stop & Shop Supermarket1914
(1996 by Ahold)		415

See also

Related Research Articles

Delhaize Group SA was a Belgian multinational retail company headquartered in Molenbeek-Saint-Jean, Brussels, Belgium, and operated in seven countries and on three continents. The principal activity of Delhaize Group was the operation of food supermarkets. On 24 June 2015, Delhaize reached an agreement with Ahold to merge and form a new parent/holding company headquartered in the Netherlands: Ahold Delhaize.

<span class="mw-page-title-main">Ahold</span> Former Dutch multinational retail company

Koninklijke Ahold N.V. was a Dutch multinational retail company based in Zaandam, Netherlands. Founded in 1887 by Albert Heijn, Sr., the company initially began as a single grocery store in Oostzaan and became the largest grocery chain in the Netherlands in 1970s, Netherlands. The company went public in 1948. It merged with Belgium-based Delhaize Group in 2016 to form Ahold Delhaize.

<span class="mw-page-title-main">Food Lion</span> American regional supermarket chain owned by Ahold Delhaize

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<span class="mw-page-title-main">The Giant Company</span> American supermarket chain

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<span class="mw-page-title-main">Giant Food (Landover)</span> American supermarket chain

Giant Food of Maryland, LLC is an American regional supermarket chain with 166 stores located in Delaware, Maryland, Virginia, and the District of Columbia. It is a subsidiary of Ahold Delhaize, and headquartered in unincorporated Prince George's County, Maryland, near Landover.

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<span class="mw-page-title-main">Hannaford Brothers Company</span> American supermarket chain

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Dick Boer is a Dutch businessman. From 2011 to 2018, he was the president and chief executive officer (CEO) of the supermarket chain Ahold Delhaize.

References

  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. ↑ "Annual Report 2022". www.aholddelhaize.com. Retrieved 30 March 2023.
  7. ↑ "Ahold Delhaize-ceo Muller vindt in VS vooral uitbreiding in zuiden interessant". FD.nl (in Dutch). Retrieved 15 February 2024.
  8. ↑ "'Hoofdkantoor Ahold-Delhaize komt in Nederland' - HLN.be". hln.be. Archived from the original on 11 October 2016. Retrieved 8 September 2016.
  9. ↑ "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.
  10. ↑ "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.
  11. ↑ "First Trading Day Ahold Delhaize on Euronext". Euronext. Archived from the original on 2 August 2017. Retrieved 2 August 2017.
  12. ↑ "Ahold, Delhaize complete merger agreement". SupermarketNews. 24 June 2015. Archived from the original on 26 June 2015. Retrieved 26 June 2015.
  13. ↑ "FT.com". Financial Times. 17 April 2016. Archived from the original on 24 August 2016. Retrieved 8 September 2016.
  14. ↑ "Ahold Delhaize Is Acquiring FreshDirect". Progressive Grocer. Archived from the original on 2 December 2020. Retrieved 10 December 2020.
  15. ↑ "Delhaize Group and Ahold complete merger after receiving clearance from the U.S. Federal Trade Commission". GlobeNewswire. 23 July 2016. Archived from the original on 25 July 2016. Retrieved 25 July 2016.
  16. ↑ 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.
  17. 1 2 "Stevige groei bij Ahold Delhaize". Telegraaf. 7 November 2018. Archived from the original on 24 November 2018. Retrieved 24 November 2018.
  18. ↑ "Investor Relations". www.aholddelhaize.com. Archived from the original on 28 April 2022. Retrieved 1 May 2022.
  19. ↑ "Northeast grocer provides same-day delivery". Chain Store Age. Archived from the original on 28 January 2021. Retrieved 7 December 2020.
  20. ↑ "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.
  21. ↑ Lunden, Ingrid (8 November 2023). "More consolidation in grocery delivery: Getir acquires FreshDirect to beef up in the US". TechCrunch. Retrieved 26 November 2023.
  22. ↑ "Ahold Delhaize announces the acquisition of Profi Rom Food SRL, a leading grocery retailer in Romania". 30 October 2023.
  23. ↑ "Our family of great local brands". Archived from the original on 8 July 2020. Retrieved 29 July 2020.
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