Zaandam, The Netherlands, March 2, 2001 - Ahold, the international food provider, today announced it has signed a letter of intent to divest Jamin, its chain of confectionery stores in
The Netherlands. The scale of the operation no longer blends with Ahold’s core activities.
Ahold intends to sell Jamin to EuroDelight, a newly established international group developing confectionery activities in various European countries. Jamin operates 140 small stores in
The Netherlands with sales of approximately Euro 41 million.