Ahold's sale of Slovakia operations approved

Date: 17/02/2014 Comments: 0
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Ahold's sale of Slovakia operations approved

Ahold's sale of its operations in Slovakia to Condorum was approved by local antimonopoly authorities. At the end of 2013 Ahold sold its 24 stores in Slovakia for an undisclosed amount. Condorum operates 90 stores in Slovakia under the Terno and Moja Samoska business.

As part of its plan to restructure European operations Ahold sold its ICA operations in Sweden to Hakon Invest in February 2013. Ahold plans to strengthen the market position of Albert Heijn in the Czech Republic, roll-out Albert Heijn and bol.com in Belgium and Etos and Gall & Gall in the Netherlands.

 Source: www.kantarretailiq.com

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