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Ahold USA, Inc. history
Ahold USA, Inc. company history timeline
In 1977 Ahold made a major purchase in the United States when it acquired the Bi-Lo chain for $60 million.
Ahold continued its program of diversification when it purchased ten restaurants from the struggling Jacques Borel group of Belgium in 1978.
In 1978 the company set up a foundation to hold Dfl 100,000 in preferred stock as protection against hostile bids, after watching a number of hostile takeover attempts, including a particularly bitter battle between Heineken and Lucas Bols.
In 1981, Ahold made its second major United States purchase: the Giant Food Stores chain, of Carlisle, Pennsylvania, for $35 million.
Growth slowed a bit around 1984, as vicious competition in the Netherlands shaved already thin margins and the Spanish chain Cadadia reported a loss.
Ahold purchased 80 percent of the American First National Supermarkets chain in 1988, an acquisition which doubled the size of its United States operations.
The company enjoyed substantial market share in the Netherlands and in 1991 it founded a food retail and distribution company in the Czech Republic, called Euronova.
In accord with its United States growth plan, Ahold bought a New Jersey chain, Mayfair supermarkets, in 1995.
By 1995, Ahold ran four "supercenters" or "hypermarkets" in Portugal--70,000 square foot stores selling groceries and other household goods.
Ahold Delhaize share buyback update May 11, 2021
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Ahold USA, Inc. competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Ferguson & Hassler | 1916 | $24.1M | 200 | - |
| Altum, Inc. | 1997 | $8.4M | 75 | 1 |
| Clearinghouse | - | $29.0M | 25 | 14 |
| Oxford Industries | 1942 | $1.5B | 6,100 | - |
| Engagement | - | $310,000 | 7 | - |
| Alghanim Industries | 1932 | $750.0M | 14,000 | - |
| MyBinding.com | 1998 | $15.3M | 50 | - |
| Britannia Pub | - | $15.8M | 10 | - |
| Extreme Technologies | 1998 | $290,000 | 7 | - |
| MSSI Inc | - | $72.0M | 3,000 | 107 |
Ahold USA, Inc. history FAQs
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Ahold USA, Inc. may also be known as or be related to Ahold USA, Ahold USA Inc and Ahold USA, Inc.