Thursday, April 7, 2016

Ahold and Delhaize approve company merger

Ahold and Delhaize shareholders approved the merger of the two companies last month, leaving approval from competition authorities in the United States and Europe as the final hurdle. Pending the necessary approvals, the deal is expected to close this summer.

In order to help facilitate the approvals, both chains are offering a combined 83 stores for sale, according to Food Trade News. The stores for sale are assumed to represent an overlap in markets where both stores exist.

According to published lists, there are four stores for sale in Pennsylvania (York, Waynesboro, and two in Chambersburg), all of which carry the Food Lion banner.

Ahold USA, headquartered in Carlisle, PA and Quincy, MA, includes Giant Food, Stop & Shop and Peapod, among others. According to the company's website, Ahold USA operates 770 supermarkets and 210 "pick-up points" in 14 states and the District of Columbia.

Delhaize America includes Food Lion and Hannaford, and operates 1,288 supermarkets in 15 states. The company's website reports that Delhaize America accounts for 66% of the overall company revenue.

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