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
NETHERLANDS: Ahold acquires Belgian foodservice leader from Compass
Get full access to all content, just $1 for 30 days
just-food gives you the widest food market coverage.
But only paid just-food members have full, unlimited access to all our exclusive content - including 21 years of archives.
Try just-food for 30 days and get the research report; ‘Is sugar the next tobacco’ for free!
Dean Best, editor of just-food
Do you get our newsletters? If yes, log in to your account to access your FREE READS. Don't know your password? That's cool - you can reset it here.
Most Popular
Insights
- Plant-based meat's Asia optimism
- Nurturing China's growing interest in cheese
- Hatching new ideas – incubators, accelerators
- Livekindly CEO on meat-free firm's ambitions
- How might Covid impact food company strategy?
News
- Conagra sees structural shift to eating at home
- Impossible Foods 'readying stock-exchange listing'
- Germany changes rules on advertising food to kids
- Vibrant Foods strikes another UK deal
- Sweet Harvest Foods has new private-equity owner
Market research
Oops! This article is copy protected.
Why can’t I copy the text on this page?
The ability to copy articles is specially reserved for people who are part of a group membership.
How do I become a group member?
To find out how you and your team can copy and share articles and save money as part of a group membership call Sean Clinton on
+44 (0)1527 573 736 or complete this form..
