History - The 1990s

1999

  • Ahold acquires 150 supermarkets in seven companies in Madrid, southern Spain and Catalonia
  • The company announces a partnership with ICA Group, Scandinavia's leading food retailer
  • Ahold establishes a European Competence Center to share know-how and maximize synergies across different platforms
  • La Fragua, Central America's leading food retailer, joins forces with Ahold in Guatemala, El Salvador and Honduras
  • Ahold restructures its activities in Asia, focusing on Thailand, Malaysia and Indonesia

1998

  • Ahold acquires Giant Food Inc.
  • Velox Retail Holdings and Ahold form partnership to acquire a majority stake in Disco, Argentine supermarket chain and Santa Isabel in Chile, Peru and Paraguay
  • ETOS, Ahold's chain of health and beautycare stores, acquires 'Le Drugstore'
  • Company options start trading for the first time on the New York Stock Exchange
  • Ahold opened the first Hypernova hypermarket in Prague, the Czech Republic

1997

  • Ahold's Brazilian partner Bompreço acquires SuperMar
  • The company's position in the Dutch institutional food market strengthens as GVA, its food supply company, acquires Van der Spek
  • Ahold opened the first hypermarket - Allkauf - in Poland

1996

  • Ahold acquires U.S. supermarket chain Stop & Stop in New England
  • Local partners develop food retail activities with Ahold in Singapore, Thailand, Malaysia, China, Brazil, Spain and Poland

1995

  • The company acquires Mayfair in New York's metropolitan area
  • Albert Heijn introduces new distribution system, guaranteeing store delivery within 18 hours

1994

  • Ahold acquires Red Food Stores' 55 U.S. supermarkets in Tennessee and Georgia

1993

  • Ahold stock trades for the first time on the New York Stock Exchange, as well as listing in Amsterdam, Zurich and Brussels
  • Cees van der Hoeven succeeds Pierre Everaert as Ahold President and CEO

1992

  • Ahold and its Portugese partner form Jerónimo Martins Retail (JMR)

1991

  • Ahold acquires Tops Markets Inc. in Williamsville, NY
  • Ahold opens Mana, its first wholly-owned supermarket chain in Czechoslavakia. The chain is now known as Albert

1990

  • The fall of communism in central Europe enables Ahold to establish a holding company in the then Czechoslovakia