Delhaize Closes Greek Deal, Announces Romanian Buy
Apr 2, 2008 6:00 AM
BRUSSELS — Delhaize Group said Tuesday that it had closed on the $108.5 million purchase of Plus Hallas, a chain of grocery stores in Greece. The 34 stores, along with one distribution center, have been consolidated in Delhaize Alpha-Beta division. Delhaize in a separate announcement Monday said its Mega Image subsidiary in Romania would purchase La Fourmi, a 14-store operator based in Bucharest, for around $29 million. That deal is expected to close in the second quarter.
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