Ahold Delhaize to Acquire Majority Stake in Cycloon
21 Diciembre 2021 - 3:26AM
Noticias Dow Jones
By Anthony O. Goriainoff
Koninklijke Ahold Delhaize NV said Tuesday that its Benelux
online retailer bol.com has agreed to a strategic alliance with
Dutch delivery company Cycloon whereby bol.com will acquire a
majority stake in Cycloon.
The Dutch grocer said the transaction is expected to complete in
the first half of 2022 and is subject to advice from the relevant
works councils as well as the customary approvals.
The company said bol.com will acquire the remaining shares in
Cycloon four years after the transaction, and that it will continue
to exist as an independent brand.
"Moving towards a sustainable and socially responsible last mile
is crucial for the future of e-commerce and we will continue to
work with all our delivery partners to make this happen. With a
majority stake in Cycloon, we are taking another step towards our
stated ambition of reducing our direct footprint to 0 grams of CO2
emissions per package by 2025," the company said.
Write to Anthony O. Goriainoff at
anthony.orunagoriainoff@dowjones.com
(END) Dow Jones Newswires
December 21, 2021 04:11 ET (09:11 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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