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April 4, 2005

POLAND: Ahold completes sale of final large Polish hypermarket

Dutch retail giant Ahold has announced it has finalised the sale of its 13th and last large Hypernova hypermarket in Poland to Real sp. z o.o. i Spolka s.k.

Dutch retail giant Ahold has announced it has finalised the sale of its 13th and last large Hypernova hypermarket in Poland to Real sp. z o.o. i Spolka s.k.
 
On 24 February, Ahold announced the completion of the divestment process of the other 12 large Hypernova hypermarkets in Poland as part of its strategy of “asset portfolio optimisation” and strengthening of its financial position by reducing debt.

Ahold said it will focus its Polish operations on continued development of two store formats: Albert supermarkets and Hypernova compact hypermarkets. Currently, Ahold manages a chain of approximately 170 Albert supermarkets and 13 Hypernova compact hypermarkets in Poland.

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