Amsterdam, the Netherlands, May 9, 2012 - Ahold today announced that it has successfully completed the acquisition of bol.com. This follows the announcement of February 27, 2012.
Bol.com is the most visited retail website in the Netherlands serving 3.4 million active customers. It offers a broad range of products in various non-food categories including books, entertainment, electronics, toys and the recently added category of baby products.
Bol.com becomes the fifth retail brand for Ahold in the Netherlands, alongside Albert Heijn, Etos, Gall & Gall and albert.nl. The current management team will continue to lead bol.com, which will remain located in Utrecht.
Ahold has acquired 100 percent of bol.com from Cyrte Investments and NPM Capital for a transaction value of €350 million, fully paid in cash.
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Source: Ahold via Thomson Reuters ONE