Ahold Delhaize successfully completes merger, forming one of the world's largest food retail groups | Progresiv
Ahold Delhaize officially started trading on Euronext Amsterdam and Euronext Brussels following the successful completion of its merger on July 23. Ahold Delhaize moves forward as one of the world's largest food retail groups, a leader in supermarkets and e-commerce, and a company at the forefront of sustainable retailing. 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. 
On August 25, 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 November 17. Pro-forma historical quarterly segment data will be published on October 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.
To mark the start of the new company, Ahold Delhaize 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. (www.wallstreet-online.de)
