date:Aug 04, 2014
Ahold, the Amsterdam-based Dutch retailer, today announced that it has successfully completed its acquisition of SPAR's business in the Czech Republic.
Ahold announced in March that it had reached an agreement to acquire SPAR's business in the Czech Republic, as part of the company's strategy to expand its geographic reach in both its current and adjacent markets, and focus on leading market positions.
It will acquire 50 SPAR stores, with a combined turnover of around 437 million.
Ahold has h