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    Delhaize Completes Divestment of 3 Banners

    Bi-Lo now owns Sweetbay, Harveys and Reid's ops

    By Bridget Goldschmidt, Stagnito Business Information
    Delhaize Group

    Delhaize Group has completed the divestment of its Sweetbay, Harveys and Reid's operations to Jacksonville, Fla.-based Bi-Lo Holdings for $246 million in cash, subject to customary post-closing adjustments.

    In a separate transaction, the Brussels-based retail conglomerate also completed the sale of its distribution center in Plant City, Fla., to Keene, N.H.-based C&S Wholesale Grocers for $28 million.

    Delhaize Belgium and Luxembourg CEO Named

    In other Delhaize news, the company has appointed Denis Knoops its new CEO for Delhaize Belgium and Luxembourg, effective immediately. Knoops replaces Dirk Van den Berghe, who resigned last week.

    A 22-year Delhaize veteran, Knoops has held a range of commercial, operational, strategic and real estate roles across Belgium, the United States and Asia. Since 2006, he has been a member of the Delhaize Belgium Executive Committee, where he led the network of affiliates, in addition to new markets and real estate.

    "Denis is a seasoned leader with a strong customer orientation and a thorough knowledge of both food retail and Delhaize Group," said Frans Muller, the company's president and CEO.

    Delhaize is present in nine countries on three continents. Its U.S. operations are Food Lion, Hannaford Supermarkets and Bottom Dollar Food.

    By Bridget Goldschmidt, Stagnito Business Information
    • About Bridget Goldschmidt In addition to serving as Progressive Grocer’s Managing Editor, Bridget writes many print and digital features encompassing a range of grocery and fresh categories across the store. Bridget also enjoys on-site reporting assignments at such key industry events as the New York Fancy Food Show and the International Boston Seafood Show, in addition to visiting stores for PG’s prestigious Store of the Month feature. In her years with the magazine, she has developed into a knowledgeable voice on grocery industry trends, sought by such distinguished publications as The New York Times.

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