date:Nov 19, 2013
Dutch retailer Ahold has announced that it reached an agreement with Condorum regarding the sale of Aholds Slovakian business. Ahold Slovakia operates 24 stores, with net sales of 159 million in 2012.
Ahold reviewed its strategic options and decided to sell the business as it has a limited market position in Slovakia. An exit from this country enables management to focus on its continued successful improvement of the Czech Republic business, Ahold said in a statement.
The company operates 283