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Ahold completes acquisition of SPAR in the Czech Republic

Zaandam, the Netherlands - Ahold today announced that it has successfully completed its acquisition of SPAR's business in the Czech Republic.

On March 11, 2014, Ahold announced that it reached an agreement to acquire SPAR's business in the Czech Republic, as part of the company's strategy to expand its geographic reach in both current and adjacent markets, and focus on leading market positions.

Ahold has had a presence in the Czech Republic since 1991 and has developed the business under the Albert brand name to become one of the best known food retailers in the country.

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