Delhaize CEO: Trends Favorable

BRUSSELS The chief executive officer of Delhaize Group here said the recent increase in merger and acquisition activity in the U.S. supermarket industry could benefit Delhaize America as more acquisition opportunities arise and the remaining players stabilize. It is an opportunity to focus on a few acquisitions that make sense for us, said Pierre-Olivier Beckers in a conference call discussing the

BRUSSELS — The chief executive officer of Delhaize Group here said the recent increase in merger and acquisition activity in the U.S. supermarket industry could benefit Delhaize America as more acquisition opportunities arise and the remaining players stabilize.

“It is an opportunity to focus on a few acquisitions that make sense for us,” said Pierre-Olivier Beckers in a conference call discussing the company's year-end results. “Also, as the market concentrates, stronger retai

Register to view the full article

Already a member? .