UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

Pursuant to Rule 13a-16 or 15d-16

under the Securities Exchange Act of 1934

 

 

For the month of July, 2016

Commission File Number: 333-13302

 

 

ETABLISSEMENTS DELHAIZE FRÈRES

ET CIE “LE LION” (GROUPE DELHAIZE)

(Exact name of registrant as specified in its charter)*

DELHAIZE BROTHERS AND CO.

“THE LION” (DELHAIZE GROUP)

(Translation of registrant’s name into English)*

 

 

SQUARE MARIE CURIE 40

1070 BRUSSELS, BELGIUM

(Address of principal executive offices)

 

 

* The registrant’s charter (articles of association) specifies the registrant’s name in French, Dutch and English.

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F  X          Form 40-F      

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):     

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):     

 

 

 


LOGO  

Store divestments in the US

July 14, 2016 – 3 a.m. CET

DELHAIZE GROUP AND AHOLD REACH AGREEMENTS WITH BUYERS TO

DIVEST 86 U.S. STORES, SUBJECT TO FTC MERGER CLEARANCE

 

    All purchase agreements are subject to FTC approval and clearance by the FTC of the Ahold and Delhaize Group merger
    All divested stores to be sold to well-established supermarket retailers
    Divestitures represent 4.1% of the Ahold and Delhaize Group companies’ total combined U.S. store count and 3.2% of the Ahold and Delhaize Group companies’ combined U.S. 2015 net sales
    The companies continue to expect to complete the merger before the end of July

BRUSSELS, Belgium, July 14, 2016 – Delhaize Group and Ahold today announced that their United States subsidiaries have reached agreements with buyers to divest a total of 86 stores in a limited number of locations in which the companies’ U.S. subsidiaries both operate. These divestments are being made in connection with the United States Federal Trade Commission’s (FTC) pending review of the proposed merger between the two companies. The divested stores are being sold to well-established supermarket operators.

All of the purchase agreements are subject to FTC approval. The agreements are also subject to FTC clearance and formal completion of the Delhaize Group and Ahold merger, which the companies continue to expect before the end of July.

These store locations represent 4.1% of the Ahold and Delhaize Group companies’ total combined U.S. store count and 3.2% of combined U.S. 2015 net sales.

“Selling stores is a difficult part of any merger process, given the impact on our associates, customers and communities in which we operate,” said Frans Muller, President and Chief Executive Officer, Delhaize Group. “We believe we have made every effort to identify strong buyers for these locations, and we want to thank our loyal associates and customers who have shopped our stores and supported us for so many years. Upon the completion of the merger, we will continue to maintain our local Food Lion and Hannaford brands; however, our new company scale will enable us to accelerate our local market strategies to better serve our customers with nearly 2,000 stores along the East Coast in the United States.”

The buyers of the 86 stores being divested are:

 

    New Albertson’s, Inc . (part of Albertsons Companies based in Idaho), purchasing 1 Giant Food store in Salisbury, Maryland;
    Big Y (based in Massachusetts), purchasing 8 Hannaford stores in eastern Massachusetts;
    Publix (based in Florida), purchasing 10 MARTIN’S stores in Richmond, Virginia;
    Saubel’s Markets (based in Pennsylvania), purchasing 1 Food Lion store in York, Pennsylvania
    Supervalu (based in Minnesota), purchasing 22 Food Lion stores in Maryland, Pennsylvania, Virginia and West Virginia;
    Tops Markets (based in New York), purchasing 1 Stop & Shop store in Massachusetts as well as 3 Stop & Shop stores and 2 Hannaford stores in New York; and

 

Delhaize Group – Store divestments in the US – July 14, 2016   1 of 5


    Weis Markets (based in Pennsylvania), purchasing 38 Food Lion stores in Delaware, Maryland and Virginia.

The divested stores are expected to be converted by the buyers to their new banners and re-opened as supermarkets after any remodeling planned by the buyers.

A full list of the locations being sold by both companies as part of this process is attached as an annex to this press release.

On June 24, 2015, Delhaize Group and Ahold announced their intention to merge. The shareholders’ meetings of both companies approved the merger in March 2016. The Belgian Competition Authority (BCA) granted its conditional approval for the merger in March 2016. FTC clearance is the remaining regulatory approval requirement for the Ahold and Delhaize Group merger.

Please visit www.delhaizegroup.com, www.ahold.com, or www.adcombined.com for more information.

» Delhaize Group

Delhaize Group is a Belgian international food retailer present in seven countries on three continents. On March 31, 2016, Delhaize Group’s sales network consisted of 3,524 stores. In 2015, Delhaize Group posted €24.4 billion ($27.1 billion) in revenues and €366 million ($407 million) in net profit (Group share). At the end of 2015, Delhaize Group employed approximately 154,000 people. Delhaize Group’s stock is listed on NYSE 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 website http://www.delhaizegroup.com .

Questions can be sent to investor@delhaizegroup.com .

» Contacts

Investor Relations: + 32 2 412 2151

Media Relations: + 32 2 412 8669

U.S. Media: Christy Phillips-Brown, +1-704-310-2221, Cphillips-brown@foodlion.com

 

Delhaize Group – Store divestments in the US – July 14, 2016   2 of 5


CAUTIONARY NOTE REGARDING FORWARD LOOKING STATEMENTS

This communication contains forward-looking statements, which do not refer to historical facts but refer to expectations based on management’s current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance, or events to differ materially from those included in such statements. These statements or disclosures may discuss goals, intentions and expectations as to future trends, plans, events, results of operations or financial condition, or state other information relating to Delhaize Group, based on current beliefs of management as well as assumptions made by, and information currently available to, management. Forward-looking statements generally will be accompanied by words such as “anticipate,” “believe,” “plan,” “could,” “estimate,” “expect,” “forecast,” “guidance,” “intend,” “may,” “possible,” “potential,” “predict,” “project” or other similar words, phrases or expressions. Many of these risks and uncertainties relate to factors that are beyond Delhaize Group’s control. Therefore, investors and shareholders should not place undue reliance on such statements. Factors that could cause actual results to differ materially from those in the forward-looking statements include, but are not limited to: the occurrence of any change, event or development that could give rise to the termination of the merger agreement or the proposed merger with Koninklijke Ahold N.V., also known as Royal Ahold; the risk that the necessary regulatory approvals for the proposed merger with Royal Ahold may not be obtained when expected or at all or may be obtained subject to conditions that are not anticipated; failure to satisfy other closing conditions with respect to the proposed merger with Royal Ahold on the proposed terms and timeframe; the possibility that the proposed merger with Royal Ahold does not close when expected or at all; the risks that the new businesses will not be integrated successfully or promptly or that the combined company will not realize when expected or at all the expected synergies and benefits from the proposed merger with Royal Ahold; Delhaize Group’s ability to successfully implement and complete its plans and strategies and to meet its targets; risks related to disruption of management time from ongoing business operations due to the proposed merger with Royal Ahold; the benefits from Delhaize Group’s plans and strategies being less than anticipated; the effect of the announcement or completion of the proposed merger with Royal Ahold on the ability of Delhaize Group to retain customers and retain and hire key personnel, maintain relationships with suppliers, and on their operating results and businesses generally; litigation relating to the transaction; the effect of general economic or political conditions; Delhaize Group’s ability to retain and attract employees who are integral to the success of the business; business and IT continuity, collective bargaining, distinctiveness, competitive advantage and economic conditions; information security, legislative and regulatory environment and litigation risks; and product safety, pension plan funding, strategic projects, responsible retailing, insurance and unforeseen tax liabilities. In addition, the actual outcomes and results of Delhaize Group may differ materially from those projected depending upon a variety of factors, including but not limited to changes in the general economy or the markets of Delhaize Group, in consumer spending, in inflation or currency exchange rates or in legislation or regulation; competitive factors; adverse determination with respect to claims; inability to timely develop, remodel, integrate or convert stores; and supply or quality control problems with vendors. Additional 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 most recent annual report on Form 20-F and other filings with the SEC. Neither Delhaize Group nor any of its directors, officers, employees and advisors nor any other person is therefore in a position to make any representation as to the accuracy of the forward-looking statements included in this communication. The actual performance, the success and the development over time of the business activities of Delhaize Group may differ materially from the performance, the success and the development over time expressed in or implied from the forward-looking statements contained in this communication. The foregoing list of factors is not exhaustive. Forward-looking statements speak only as of the date they are made. Delhaize Group does not assume any obligation to update any public information or forward-looking statement in this communication to reflect events or circumstances after the date of this communication, except as may be required by applicable laws.

 

Delhaize Group – Store divestments in the US – July 14, 2016   3 of 5


» Annex

 

Buyer   

Store

No.

   Brand    Address    City    State    Zip
                 

New

Albertson’s

   351    Giant Food    751 South Salisbury Blvd.    Salisbury    MD    21801

1 store (to be rebranded ACME)

        
                 
                 

Big Y

   8008    Hannaford    182 Summer Street    Kingston    MA    02364

Big Y

   8018    Hannaford    475 Hancock Street    North Quincy    MA    02171

Big Y

   8020    Hannaford    10 Washington Street    Norwell    MA    02061

Big Y

   8021    Hannaford    7 Medway Road    Milford    MA    01757

Big Y

   8022    Hannaford    434 Walpole Street    Norwood    MA    02062

Big Y

   8170    Hannaford    637 Lowell Street    West Peabody    MA    01960

Big Y

   8286    Hannaford    357 Broadway    Saugus    MA    01906

Big Y

   8382    Hannaford    25 Robert Drive    Easton    MA    02375

8 stores

                 
                 

Publix

   6421    Martin’s    3460 Pump Road    Richmond    VA    23233

Publix

   6429    Martin’s    3522 West Cary Street    Richmond    VA    23221

Publix

   6433    Martin’s    10250 Staples Mill Road    Glen Allen    VA    23060

Publix

   6434    Martin’s    2250 John Rolfe Parkway    Richmond    VA    23233

Publix

   6435    Martin’s    10150 Brook Road    Glen Allen    VA    23059

Publix

   6438    Martin’s    13700 Hull Street Road    Midlothian    VA    23112

Publix

   6439    Martin’s    7035 Three Chopt Road    Richmond    VA    23226

Publix

   6494    Martin’s    3107 Boulevard Suite 15    Colonial Heights    VA    23834

Publix

   6498    Martin’s    9645 West Broad Street    Glen Allen    VA    23060

Publix

   6499    Martin’s    4591 South Laburnum Ave.    Richmond    VA    23231

10 stores

                 
                 

Saubel’s

   1241    Food Lion    3611 East Market Street    York    PA    17402

1 store

                 
                 

Supervalu

   626    Food Lion    761 East Wilson Blvd.    Hagerstown    MD    21740

Supervalu

   1050    Food Lion    22401 Jefferson Blvd.    Smithburg    MD    21783

Supervalu

   1147    Food Lion    18717 North Pointe Drive    Hagerstown    MD    21742

Supervalu

   1180    Food Lion    17718 Virginia Ave.    Hagerstown    MD    21740

Supervalu

   1683    Food Lion    18360 College Road    Hagerstown    MD    21740

Supervalu

   994    Food Lion    4170 Philadelphia Ave.    Chambersburg    PA    17202

Supervalu

   1527    Food Lion    875 Lincoln Way West    Chambersburg    PA    17202

Supervalu

   1620    Food Lion    500 North Antrim Way    Greencastle    PA    17225

Supervalu

   1663    Food Lion    11105 Buchanan Trail    Waynesboro    PA    17268

Supervalu

   362    Food Lion    707 Fort Collier Road    Winchester    VA    22601

Supervalu

   366    Food Lion    2600 Valley Ave.    Winchester    VA    22601

Supervalu

   733    Food Lion    249 Sunnyside Plaza Circle    Winchester    VA    22603

Supervalu

   745    Food Lion    609 K East Main Street    Purcellville    VA    20132

Supervalu

   1059    Food Lion    260 Remount Road    Front Royal    VA    22630

Supervalu

   1164    Food Lion    409 North McNeil Road    Berryville    VA    22611

Supervalu

   1281    Food Lion    190 Delco Plaza    Winchester    VA    22602

Supervalu

   1489    Food Lion    380 Fairfax Pike    Stephens City    VA    22655

Supervalu

   2668    Food Lion    159 Grocery Ave.    Winchester    VA    22602

Supervalu

   965    Food Lion    147 Roaring Lion Drive    Hedgesville    WV    25427

Supervalu

   1189    Food Lion    1140 Winchester Ave.    Martinsburg    WV    25401

Supervalu

   2119    Food Lion    50 Coast Guard Drive    Kearneysville    WV    25430

Supervalu

   2568    Food Lion    1317 Old Courthouse Square    Martinsburg    WV    25401

 

Delhaize Group – Store divestments in the US – July 14, 2016   4 of 5


22 stores

                 
                 

Tops

   434    Stop & Shop    372 Timpany Blvd.    Gardner    MA    01440

Tops

   515    Stop & Shop    271 Main Street    New Paltz    NY    12561

Tops

   536    Stop & Shop    6726 Route 9    Rhinebeck    NY    12572

Tops

   598    Stop & Shop    1357 Route 9    Wappingers Falls    NY    12590

Tops

   8325    Hannaford    1936 US Route 6    Carmel    NY    10512

Tops

   8368    Hannaford    16 Jon J Wagner Way    Lagrange    NY    12540

6 stores

                 
                 

Weis

   488    Food Lion    19287 Miller Road, Unit 14    Rehoboth Beach    DE    19971

Weis

   960    Food Lion    24832 John J Williams Highway    Millsboro    DE    19966

Weis

   1321    Food Lion    36731 Old Mill Road    Millville    DE    19967

Weis

   2565    Food Lion    17232 North Village Main Blvd.    Lewes    DE    19958

Weis

   784    Food Lion    45315 Alton Lane    California    MD    20619

Weis

   786    Food Lion    10 Village Center Road    Reisterstown    MD    21136

Weis

   1168    Food Lion    100 Drury Drive    La Plata    MD    20646

Weis

   1187    Food Lion    17600 Old National Square Pike    Frostburg    MD    21532

Weis

   1210    Food Lion    19 Saint Mary’s Square    Lexington Park    MD    20653

Weis

   1289    Food Lion    219 Marlboro Ave.    Easton    MD    21601

Weis

   1315    Food Lion    3261 Solomons Island Road    Edgewater    MD    21037

Weis

   1324    Food Lion    6375 Monroe Ave.    Eldersburg    MD    21784

Weis

   1345    Food Lion    16567 South Frederick Road    Gaithersburg    MD    20877

Weis

   1356    Food Lion    15789 Livingston Road    Accokeek    MD    20607

Weis

   1387    Food Lion    12100 Central Ave.    Mitchellville    MD    20721

Weis

   1443    Food Lion    13300 H G Trueman Road    Solomons    MD    20688

Weis

   1477    Food Lion    883 Russell Ave.    Gaithersburg    MD    20879

Weis

   1526    Food Lion    750 Prince Frederick Blvd.    Prince Frederick    MD    20678

Weis

   1529    Food Lion    6551 Waterloo Road    Elkridge    MD    21075

Weis

   1535    Food Lion    5715 Crain Highway    Upper Marlboro    MD    20772

Weis

   1549    Food Lion    15300 McMullen Highway SW    Cumberland    MD    21502

Weis

   2515    Food Lion    20995 Point Lookout Road    Callaway    MD    20620

Weis

   2535    Food Lion    9251 Lakeside Blvd.    Owings Mills    MD    21117

Weis

   2598    Food Lion    5896 Robert Oliver Place    Columbia    MD    21045

Weis

   2606    Food Lion    210 H G Trueman Road    Lusby    MD    20657

Weis

   250    Food Lion    513 Madison Road    Culpeper    VA    22701

Weis

   358    Food Lion    282 Deacon Road, Suite 106    Fredericksburg    VA    22405

Weis

   419    Food Lion    10611 Courthouse Road    Fredericksburg    VA    22407

Weis

   450    Food Lion    4153 Plank Road    Fredericksburg    VA    22401

Weis

   578    Food Lion    905 Garrisonville Road    Stafford    VA    22554

Weis

   1043    Food Lion    515 Jefferson Davis Highway    Fredericksburg    VA    22401

Weis

   1166    Food Lion    2612 Jefferson Davis Highway    Stafford    VA    22554

Weis

   1177    Food Lion    9801 Courthouse Road    Spotsylvania    VA    22553

Weis

   1235    Food Lion    10601 Spotsylvania Ave    Fredericksburg    VA    22405

Weis

   1243    Food Lion    736 Warrenton Road    Fredericksburg    VA    22406

Weis

   1567    Food Lion    540 Culpeper Town Mall    Culpeper    VA    22701

Weis

   1579    Food Lion    7100 Salem Fields Blvd.    Fredericksburg    VA    22407

Weis

   2583    Food Lion    10871 Tidewater Trail    Fredericksburg    VA    22408

38 stores

                 

 

Delhaize Group – Store divestments in the US – July 14, 2016   5 of 5


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

ETABLISSEMENTS DELHAIZE FRÈRES ET CIE

“LE LION” (GROUPE DELHAIZE)

Date: July 14, 2016                    

  By:  

/s/ G. Linn Evans

    G. Linn Evans
    Senior Vice President
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