Ahold’s Giant-Carlisle acquires Ukrop’s
December 17, 2009 – Ahold today announced that Giant-Carlisle, a Division of Ahold USA, will expand its presence in Virginia by acquiring 25 stores from Ukrop’s Super Markets, Inc. Ukrop’s is a family-owned business based in Richmond, Virginia. The transaction includes 25 stores, inventory, equipment, lease agreements and one new store location. Furthermore, Giant-Carlisle will hire Ukrop's store associates. The purchase price is approximately $ 140 million. John Rishton, CEO of Ahold, said, “This acquisition is part of Ahold’s profitable growth strategy. Ukrop’s is a great company with a strong heritage in an attractive market. We believe that Giant-Carlisle and Ukrop’s will be a strong combination."
Ahold announces sponsorship deal with Stedelijk Museum
Nov 26, 2009 – Ahold has entered into a three-year sponsorship agreement with Amsterdam’s modern art and design museum, the Stedelijk. It is the first sponsorship of its kind to be entered into by Ahold since 2003.
Ahold organizes for growth
Nov 5, 2009 - Ahold today announced a series of changes in its European and US businesses to create a strong platform for future growth.
The reorganization in both continents delineates the responsibility for running operations, supporting the operations, and business development. The changes will ensure a sharper focus on local customer needs, provide efficient and effective support functions in each continent, and a more robust approach to business development. The changes will further simplify and standardize processes and structure to ensure the company can integrate acquisitions more easily, as it pursues its strategy for profitable growth.