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01.08.2014 07:15:38
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Ahold completes acquisition of SPAR in the Czech Republic
Zaandam, the Netherlands - Ahold today announced that it has successfully completed its acquisition of SPAR's business in the Czech Republic.
On March 11, 2014, Ahold announced that it reached an agreement to acquire SPAR's business in the Czech Republic, as part of the company's strategy to expand its geographic reach in both current and adjacent markets, and focus on leading market positions.
Ahold has had a presence in the Czech Republic since 1991 and has developed the business under the Albert brand name to become one of the best known food retailers in the country.
Ahold completes acquisition of SPARThis announcement is distributed by Nasdaq OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Ahold via Globenewswire
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