Delhaize Ramps Up Growth Initiatives

Delhaize Group here would consider a major acquisition if the right opportunity arose, but it is placing a priority on opportunities within its existing footprint, the company said at a meeting for analysts here. We look at strategic acquisitions of size, but right now we don't think it's the best way to build value, said Craig Owens, executive vice president and chief financial officer,

BRUSSELS — Delhaize Group here would consider a major acquisition if the right opportunity arose, but it is placing a priority on opportunities within its existing footprint, the company said at a meeting for analysts here.

“We look at strategic acquisitions of size, but right now we don't think it's the best way to build value,” said Craig Owens, executive vice president and chief financial officer, Delhaize.

The company can better use its capital “within its four wall

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