Announced
Financials
Tags
Acquisition
Cross Border
Private Equity
Romania
Food Retailers and Wholesalers
supermarket chain
Majority
Private
Pending
Friendly
Single Bidder
Synopsis
Ahold Delhaize, a Dutch-Belgian multinational retail and wholesale holding company, agreed to acquire Profi Rom Food, a Romanian grocery retailer, from Mid Europa Partners, a private equity firm, for €1.3bn. The acquisition will more than double the size of Ahold Delhaize’s existing Romanian business, which operates under the Mega Image brand and has 969 stores, predominantly in urban areas. The combination will complement and expand Ahold Delhaize’s existing Romanian footprint to better serve both urban and rural areas.
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