The i-Technology Media!
Register | Log in
   
 
.NET  ·  AJAX  ·  CLOUD  ·  ECLIPSE  ·  FLEX  ·  OPEN WEB  ·  iPHONE  ·  JAVA  ·  LINUX  ·  OPEN SOURCE  ·  ORACLE  ·  PBDJ  ·  SEARCH  ·  SILVERLIGHT  ·  SOA  ·  VIRTUALIZATION  ·  WEB 2.0  ·  WIRELESS  ·  XML
Comments
Drool, Britannia? Is the UK Failing the Cloud?
By Roger Strukhoff
Richard Davies wrote: The UK has a good crop of technology pioneers in cloud computing - for example ElasticHosts, FlexiScale, Flexiant, OnApp - and also some strong government initiatives such as G-Cloud. We will have to see whether this kind of technical leadership converts into swift mass-market adoption or not.
Jan. 8, 2012 11:38 AM EST
read more & respond »
Cloud Expo on Google News
Did you read today's front page stories & breaking news?

Cloud Expo & Virtualization 2011 West
Keynotes
Oracle
Opening Keynote | An Enterprise Cloud for Business-Critical Applications
Abiquo
Day 2 Keynote | The Enterprise Cloud Tightrope - Balancing for Success
Akamai
Day 3 Keynote | The DNA of an Enterprise Cloud
DIAMOND SPONSOR:
Oracle
Many Clouds, Many Choices'Cloud
PLATINUM PLUS SPONSORS:
Abiquo
Enterprise Cloud Best Practices - Town Hall - Join the discussion…
PLATINUM SPONSORS:
Intel
Progressing Toward the Federated, Automated and Client-Aware Cloud
New Relic
How to build an app with Twitter-like throughput
Rackspace
Computing in the Cloud Era
GOLD SPONSORS:
Gale Technologies
Practical Cloud Migration
IBM
Re-think IT. Re-inventing Business.
Intel/McAfee
Identity Driven Security in the Cloud
PerspecSys
Hackers Hackers Everywhere, Is My Public Cloud That Safe?
Red Hat
Unlock the Value of the Cloud
SHI
Mission Critical Applications and the Cloud - Myth or Reality?
SoftLayer
Not Your Grandpa's Cloud
Terremark
Integrating Enterprise Clouds
VMware
Upgrade to a vCloud
POWER PANELS:
Cloud Expo Silicon Valley: CTO Power Panel
Cloud Expo Silicon Valley: CEO Power Panel
Cloud Expo Silicon Valley: Cloud SuperStars Panel
Cloud Expo Silicon Valley: CloudNOW Panel
Click For 2010 West
Event Webcasts
Cloud Expo & Virtualization 2011 East
DIAMOND SPONSOR:
Dell
Dell & VMware Deliver the Enterprise Hybrid Cloud
PLATINUM PLUS SPONSORS:
Abiquo
Are Financial Services Organizations Risking Security by Avoiding Cloud Computing?
Oracle
From Consolidation to Enterprise Private PaaS
PLATINUM SPONSORS:
Intel
Driving the Transformation to Next Generation Cloud Data Centers
Rackspace
The Inevitability of an Open Cloud
GOLD SPONSORS:
CA Technologies
Follow YOUR path to Cloud Computing
Interxion
Who Keeps the Cloud in the Air?
Microsoft
Patterns for Cloud Computing
PerspecSys
War in the Clouds: Are you ready?
ServiceMesh
The Big Win: Stop Playing Small-Ball with Your Cloud Strategy
Terremark
Evaluating Enterprise Clouds
Xiotech
Cloud Storage: Myths and Realities
POWER PANELS:
Cloud Expo New York: CTO Power Panel
Cloud Expo New York: CEO Power Panel
Cloud Expo New York: CMO Power Panel
Cloud Expo New York: Wrap-Up Power Panel
Click For 2010 West
Event Webcasts
Live Google News by SYS-CON!
Top Three Links You Must Click On


From the Wires
Delhaize Group Closes the Acquisition of Greek Retailer Koryfi

By: Marketwire .
Nov. 23, 2009 12:19 PM

BRUSSELS, BELGIUM -- (Marketwire) -- 11/23/09 --


BRUSSELS, Belgium, November 23, 2009 - Delhaize Group (Euronext Brussels: DELB - NYSE: DEG), the Belgian international food retailer, announced today that it has completed, through its subsidiary Alfa-Beta Vassilopoulos, the earlier announced acquisition of 11 stores and a distribution center operated under the banner Koryfi for an amount of EUR 7.0 million. This highly complementary acquisition will reinforce the position of Alfa-Beta in Thrace (Northeastern Greece) where it currently has a limited presence.

Konstantinos Macheras, Chief Executive Officer of Alfa- Beta, commented: "The acquisition of Koryfi supports Delhaize Group's objective of accelerating profitable revenue growth and fits in the company's strategy to reinforce its presence in existing or adjacent markets through fill-in acquisitions with strong synergies. Thanks to this perfect fill-in acquisition of 11 well-located stores and a distribution center, Alfa-Beta reinforces its position in the Northeastern part of Greece where it so far only had a limited presence. We are pleased to welcome the employees to the Alfa- Beta family and to continue to serve the Koryfi customers."

In 2008, the revenues of the 11 acquired stores amounted to EUR 30 million. The transaction includes the real estate ownership of two stores and a distribution center. Alfa-Beta plans to convert the acquired stores to Alfa-Beta banners before the end of 2010. The results of the 11 Koryfi stores will be consolidated in Delhaize Group's results from November 23, 2009.

Alfa-Beta is the second largest food retailer in Greece. At the end of the third quarter of 2009, Alfa-Beta's network consisted of 204 stores under the banners Alfa-Beta, AB City Market, ENA cash & carry, AB Foodmarket and AB Shop n' Go. In 2008, Alfa-Beta realized EUR 1.3 billion revenues and it employed 8 821 people.

» Delhaize Group

Delhaize Group is a Belgian international food retailer present in six countries on three continents. At the end of the third quarter of 2009, Delhaize Group's sales network consisted of 2 697 stores. In 2008, Delhaize Group posted EUR 19 billion (USD 28 billion) in revenues and EUR 467 million (USD 687 million) in net profit (Group share). At the end of 2008, Delhaize Group employed approximately 141 000 people. Delhaize Group's stock 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 website http://www.delhaizegroup.com. Questions can be sent to investor@delhaizegroup.com.

cautionary note regarding forward looking statements

Statements that are included or incorporated by reference in this press release and other written and oral statements made from time to time by Delhaize Group and its representatives, other than statements of historical fact, which address activities, events and developments that Delhaize Group expects or anticipates will or may occur in the future, including, without limitation, statements about strategic options, future strategies and the anticipated benefits of these strategies, are "forward-looking statements" within the meaning of the U.S. federal securities laws that are subject to risks and uncertainties. These forward-looking statements generally can be identified as statements that include phrases such as "guidance", "outlook", "projected", "believe", "target", "predict", "estimate", "forecast", "strategy", "may", "goal", "expect", "anticipate", "intend", "plan", "foresee", "likely", "will", "should" or other similar words or phrases. Although such statements are based on current information, actual outcomes and results 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 made by Delhaize Group with the U.S. Securities and Exchange Commission, which risk factors are incorporated herein by reference. Delhaize Group disclaims 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.

This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.

Copyright © Hugin AS 2009. All rights reserved.

» Contacts

Guy Elewaut:
+ 32 2 412 29 48

Amy Shue (U.S. investors):
+1 704 633 82 50 (ext. 2529)

Geert Verellen:
+ 32 2 412 83 62

Barbera Hoppenbrouwers (media):
+ 32 2 412 86 69

Published Nov. 23, 2009
Copyright © 2009 SYS-CON Media, Inc. — All Rights Reserved.
Syndicated stories and blog feeds, all rights reserved by the author.
About Marketwire .
Copyright © 2009 Marketwire. All rights reserved. All the news releases provided by Market Wire are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021

SYS-CON Featured Whitepapers

ADS BY GOOGLE

Breaking Java News
Teamsters' Drive Up Standards Bus Campaign Reaches Milestone 300th Win
Chrysler Group's 'It's Halftime in America' Super Bowl Video Earns Second Place in YouTube's Ad Blitz 2012 Contest
U.S. Census Bureau Daily Feature for February 18
U.S. Census Bureau Black History Month Feature for February 18
Following Is a Test Release
President of the Independent Libya Foundation Announces Vision Statement for Libya on the Anniversary of the Libyan Revolution

ADVERTISE   |   MAGAZINE SUBSCRIPTIONS   |   FREE BREAKING-NEWSLETTERS!   |   SYS-CON.TV   |   BLOG-N-PLAY!   |   WEBCAST   |   EDUCATION   |   RESEARCH

.NET Developer's Journal - .NETDJ   |   ColdFusion Developer's Journal - CFDJ   |   Eclipse Developer's Journal - EDJ   |   Enterprise Open Source Magazine - EOS
Open Web Developer's Journal - OPENWEB   |   iPhone Developer's Journal - iPHONE   |   Virtualization - Virtualization   |   Java Developer's Journal - JDJ   |   Linux.SYS-CON.com
PowerBuilder Developer's Journal - PBDJ   |   SEO / SEM Journal - SJ   |   SOAWorld Magazine - SOAWM   |   IT Solutions Guide - ITSG   |   Symbian Developer's Journal - SDJ
WebLogic Developer's Journal - WLDJ   |   WebSphere Journal - WJ   |   Wireless Business & Technology - WBT   |   XML-Journal - XMLJ   |   Internet Video - iTV
Flex Developer's Journal - Flex   |   AJAXWorld Magazine - AWM   |   Silverlight Developer's Journal - SLDJ   |   PHP.SYS-CON.com   |   Web 2.0 Journal - WEB2
Apache   |   CMS   |   CRM   |   HP   |   Oracle Journal   |   Perl   |   Python   |   Red Hat   |   Ruby on Rails   |   SAP   |   SaaS

SYS-CON MEDIA:   ABOUT US   |   CONTACT US   |   COMPANY NEWS   |   CAREERS   |   SITE MAP
SYS-CON EVENTS:   |  AJAXWorld Conference & Expo  |  iPhone Developer Summit  |  Cloud Computing Conference & Expo  |  SOA World Conference & Expo  |  Virtualization Conference & Expo
INTERNATIONAL SITES:   India  |  U.K.  |  Canada  |  Germany  |  France  |  Australia  |  Italy  |  Spain  |  Netherlands  |  Brazil  |  Belgium
 Terms of Use & Our Privacy Statement     About Newsfeeds / Video Feeds
Copyright ©1994-2008 SYS-CON Publications, Inc. All Rights Reserved. All marks are trademarks of SYS-CON Media.
Reproduction in whole or in part in any form or medium without express written permission of SYS-CON Publications, Inc. is prohibited.
 
close this window