Ahold Albert Heijn convenience

Ahold has announced that it has completed the transaction with Jumbo concerning 78 C1000 and four Jumbo outlets.

The deal, which was first announced on 26 April this year, has now been approved by the Dutch competition authority, the retailer confirmed.

Albert Heijn will now start to convert 14 of the stores to its banner and will reopen them for customers 'as soon as possible'.

The other stores purchased will be converted to the Albert Heijn banner over a period of time, in close cooperation with the entrepreneurs.