Delhaize Group Acquires Harveys Stores in Georgia and Florida
October 27 2003 - 10:00PM
PR Newswire (US)
Delhaize Group Acquires Harveys Stores in Georgia and Florida
BRUSSELS, Belgium, Oct. 27 /PRNewswire-FirstCall/ -- Delhaize Group
(NYSE: DEG; Euronext Brussels: DELB), the Belgian international
food retailer, has completed its acquisition of 43 Harveys
supermarkets, located in central and south Georgia and the
Tallahassee, Fla., area, as announced Sept. 2, 2003. The
acquisition fills in an area where Food Lion, the largest U.S.
banner of Delhaize Group, has a limited presence. The acquisition
carries out a key Delhaize Group growth strategy, as previously
announced, by filling in and reinforcing its presence in the
company's current geographic footprint. Harveys is now the fourth
U.S. banner of Delhaize Group, joining Food Lion, Hannaford and
Kash n' Karry. Delhaize Group Delhaize Group is a Belgian food
retailer present in eleven countries on three continents. At the
end of the first half of 2003, Delhaize Group's sales network
consisted of 2,505 stores. In 2002, Delhaize Group posted EUR 20.7
billion (USD 19.6 billion) in sales and EUR 178.3 million (USD
168.6 million) in net earnings. Delhaize Group employs
approximately 144,000 people. Delhaize Group is listed on Euronext
Brussels (DELB) and the New York Stock Exchange (DEG). This press
release is available in English, French and Dutch. You can also
find it on the web site http://www.delhaizegroup.com/. Questions
can be sent to . Some of the statements in this press release and
other written and oral statements made from time to time by
Delhaize Group and its representatives are "forward-looking
statements" within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of Securities Exchange Act of
1934, as amended, and involve a number of risks and uncertainties.
These statements include, but are not limited to, statements about
strategic options, future strategies and the anticipated benefits
of these strategies. These statements are based on Delhaize Group's
current expectations. Delhaize Group's actual results could differ
materially from those stated or implied in such forward-looking
statements. Risks and uncertainties that could cause actual results
to differ materially from those stated or implied by such
forward-looking statements are described in Delhaize Group's Annual
Report on Form 20-F for the year ended December 31, 2002 and other
periodic filings made by Delhaize Group and Delhaize America with
the U.S. Securities and Exchange Commission, which risk factors are
incorporated herein by reference. Delhaize Group and Delhaize
America disclaim any obligation to update developments of these
risk factors or to announce publicly any revision to any of the
forward- looking statements contained in this release, or to make
corrections to reflect future events or developments. DATASOURCE:
Delhaize Group CONTACT: Jeff Lowrance (U.S. media), +1-704-633-8250
(ext. 3888), or Amy Shue (U.S. investors), +1-704-633-8250 (ext.
2529), or Geoffroy d'Oultremont (European media and investors),
+32-2-412-83-21 Web site: http://www.delhaizeamerica.com/
Copyright