Ahold Delhaize buys Tesco stores in the Czech Republic and Slovakia for approximately 1.2 billion euros

Ahold Delhaize has acquired Tesco's stores in the Czech Republic and Slovakia for approximately €1.2 billion, with total liabilities reaching €1.7 billion. This acquisition adds over 360 supermarkets and generates €3.5 billion in revenue, employing more than 14,000 staff. The deal is pending regulatory approval and is expected to finalize in Q4 2027. CEO Frans Müller stated this move strengthens their presence in Central and Southeast Europe, with significant growth anticipated in Slovakia, a new market for the company. Ahold Delhaize is already active in the Czech Republic with its Albert chain.