Ahold Delhaize Completes Merger and Reveals New Logo
Ahold Delhaize was created from the merger of Ahold and Delhaize Group, which was announced on June 24, 2015, and became effective on July 24, 2016.
January 1, 2018
Ahold Delhaize will officially start trading on Euronext Amsterdam and Euronext Brussels following the successful completion of its merger on July 23.
"Today is the start of an important new chapter and a unique opportunity to deliver even more for customers and communities, associates and shareholders. Building on common values, complementary operations and proud legacies of success, we move forward with leading positions particularly on the United States East Coast and in Europe," says Dick Boer, Ahold Delhaize CEO. "Our strong e-commerce businesses and 22 great, local brands each share a passion for delivering great food, value, and innovation for customers, and for making a difference in their local communities.
"I want to thank associates for their dedication and focus and for the great work that has positioned Ahold Delhaize to move ahead with significant momentum," Boer adds.
Ahold Delhaize was created from the merger of Ahold and Delhaize Group, which was announced on June 24, 2015, and became effective on July 24, 2016. The combined company traces its roots back nearly 150 years. Ahold Delhaize's 22 local brands serve more than 50 million customers each week in 11 countries and have a combined workforce of more than 375,000 associates.
To mark the start of the new company, Ahold Delhaize has introduced its new visual identity. The company's fresh, new logo and visual identity honors its proud heritage while also reflecting the combined company's new future.
Ahold Delhaize American Depositary Receipts (ADRs) will trade over-the-counter in the United States and will be quoted on the OTCQX International marketplace under the ticker symbol ADRND, changing to ADRNY as of Aug. 9.
Ahold Delhaize will present the second quarter and first half 2016 results of Ahold and Delhaize Group as standalone companies as the merger was completed after the end of their respective reporting periods.
The first combined results of the combination will be presented for the third quarter of 2016 on Nov. 17. Pro-forma historical quarterly segment data will be published on Oct. 6, providing a comparable base. Starting from the third quarter of 2016, Ahold Delhaize will report quarterly financial performance of five business segments: the Netherlands, Belgium, Central and Southeastern Europe and two reporting entities in the United States. The Global Support Office will remain a reporting entity, including corporate and related costs.