The Dutch supermarket giant Royal Ahold has announced today (3 October) that its foodservice unit Deli XL has acquired Mea-De Wilde De Loore, a Belgian market leader previously controlled by the UK catering Compass Group, part of Granada Compass.
The Belgian company supplies a huge range of products to institutional customers, and grosses annual sales of around €100m. The takeover is expected to boost sales at Deli XL to more than €900m.
In terms of sales, Ahold is the sixth largest supermarket chain in the world and Mea-De Wilde De Loore, based in Charleroi, represents "further attractive growth opportunities." The deal is a demonstration of Ahold's ever-increasing presence in the food services, a market worth €4.5bn that focuses on food eaten outside the home. Earlier this year, acquisition deals were completed on the companies US Foodservice and PYA/Monarch.
Ahold believes that the deal will also mean "rapid progress" in areas such as IT, product development and new services.
To read their press relese Click Here
The Belgian company supplies a huge range of products to institutional customers, and grosses annual sales of around €100m. The takeover is expected to boost sales at Deli XL to more than €900m.
In terms of sales, Ahold is the sixth largest supermarket chain in the world and Mea-De Wilde De Loore, based in Charleroi, represents "further attractive growth opportunities." The deal is a demonstration of Ahold's ever-increasing presence in the food services, a market worth €4.5bn that focuses on food eaten outside the home. Earlier this year, acquisition deals were completed on the companies US Foodservice and PYA/Monarch.
Ahold believes that the deal will also mean "rapid progress" in areas such as IT, product development and new services.
To read their press relese Click Here
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