Ahold Delhaize expected to do more acquisitions in USA
Dutch-Belgian supermarket chain Ahold Delhaize [AMS:AD] is expected to do more takeovers in the US, the Dutch news site Mena.nlreported, based on a speech Ahold Delhaize board chairman Frans Muller gave in November last year.
In the speech Muller said that the US has around 150 companies that are too small to expand and that are likely to be forced by market circumstances to sell. This creates acquisition opportunities for Ahold Delhaize, Mena noted.
Stop & Shop, a daughter company of Ahold Delhaize, recently acquired the US-based supermarket chain King Kullen Grocery. It is exactly the kind of deal Muller wants to do to expand in the US, Mena reported. The article noted that tens of similar deals could follow.
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