Hannaford Parent Company To Merge with Stop&Shop Owner

Maine Public | By Ed Morin

Published June 24, 2015 at 5:02 PM EDT

PORTLAND, Maine - Hannaford Supermarket's parent company Delhaize, based in Belgium, and Stop and Shop's owner, Ahold, based in the Netherlands, have announced that they intend to merge.

The companies say that the merger will create what they call a complementary base of more than 6,500 stores with 375,000 associates able to serve more than 50 million customers per week in the U.S. and Europe.

In addition to Hannaford, Delhaize owns the Food Lion grocery chain in the U.S. Royal Ahold owns the Stop&Shop and Giant food chains.

Pending shareholder approvals and regulatory clearance, the deal is expected to be completed in mid-2016.

Tags

Business and Economy Hannaford Supermarkets

Ed Morin

Ed is a Maine native who spent his early childhood in Livermore Falls before moving to Farmington. He graduated from Mount Blue High School in 1970 before going to the University of Maine at Orono where he received his BA in speech in 1974 with a broadcast concentration. It was during that time that he first became involved with public broadcasting. He served as an intern for what was then called MPBN TV and also did volunteer work for MPBN Radio.

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