Delhaize Group Closes the Acquisition of Four Supermarkets in Romania>
Delhaize Group Closes the Acquisition of Four Supermarkets in Romania
(Thomson Reuters ONE) - BRUSSELS, Belgium, July 7, 2009 - Delhaize Group (Euronext Brussels:DELB - NYSE: DEG), the Belgian international food retailer, announcedtoday that it has completed through its fully-owned subsidiary MegaImage the earlier announced acquisition of four stores operated underthe banner Prodas Supermarket in Bucharest, the capital of Romania."Thanks to this perfect fill-in acquisition of four well-locatedstores in urban areas, Mega Image strengthens once again its positionin the city of Bucharest. This acquisition will also allow us torealize sales opportunities and buying synergies," commented XavierPiesvaux, General Manager of Mega Image. "We look forward to servingour new customers and welcome its employees in the Mega Imagefamily."For 2008, the revenues of the four acquired stores amounted to EUR12.3 million. The four stores, which have a size of 400 to 750 squaremeters, will be converted to Mega Image supermarkets within the next3 months. The results of the four Prodas stores will be consolidatedin Delhaize Group's results from July 13, 2009.Founded in 1995, Mega Image is one of the largest supermarket chainsin Romania, with 43 stores (including the four recently acquiredstores) in Bucharest, Constanta and Ploiesti. The number of employeesat the end of 2008 was 2 000 people. Delhaize Group acquired a 51%stake in Mega Image in 2000. In 2004, Mega Image became fully-ownedby Delhaize Group.» ContactsGuy Elewaut: + 32 2 412 2948Geert Verellen: + 32 2 412 8362Aurélie Bultynck: + 32 2 412 83 61Amy Shue (U.S. investors): +1 704 633 82 50 (ext. 2529)Barbera Hoppenbrouwers (media): + 32 2 412 86 69http://hugin.info/133961/R/1327314/312669.pdfThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
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Datum: 07.07.2009 - 08:01 Uhr
Sprache: Deutsch
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