Delhaize Belgium completes Delfood acquisition

Core Insights - Ahold Delhaize has confirmed the acquisition of Delfood by Delhaize Belgium, enhancing its presence in Belgium's convenience retail market [1] - The acquisition includes 303 outlets and associated logistics operations, although financial terms were not disclosed [1] - Following the acquisition, Delhaize's total store count in Belgium and Luxembourg reaches 1,109 [2] Group 1: Acquisition Details - The acquisition encompasses all louis delhaize stores and locations supplied through Delfood, along with Delfood's headquarters in Belgium [1] - The deal received regulatory approval from the Belgian Competition Authority, which required the divestment of six Delfood neighbourhood outlets and one Delhaize Shop & Go store [2] Group 2: Strategic Importance - CEO Claude Sarrailh emphasized that this acquisition is a significant step in strengthening Ahold Delhaize's position in the Belgian convenience market [3] - The transaction is expected to enhance customer access to fresh and reliable shopping experiences, leveraging 150 years of heritage [3] Group 3: Financial Performance - In Q3 2025, Ahold Delhaize reported net sales of €22.5 billion ($25.89 billion), reflecting a 6.1% increase at constant exchange rates, driven by acquisitions and higher online sales [4] - The underlying operating margin improved to 4.1%, an increase of 0.3 percentage points at constant rates [4]