ZAANDAM, Netherlands -- Ahold here said last week it has become a joint owner of two major supermarket chains in South America, with combined sales of $2.5 billion U.S. in Chile, Peru, Paraguay and Ecuador account for annualized sales of $800 million. Ahold, with more than 3,000 stores worldwide, had sales of $26 billion in 1997. Last week's agreement marks the company's second investment in South America, following its acquisition in late 1996 of a 50% ownership in Bompreco, a $2 billion ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.