Mr. Huysmans and his wife sold their independent AD Delhaize store in Humbeek to Colruyt Group, which will convert it to a CoMarkt, retaining all employees.

Information on the Target

Mr. Huysmans and his spouse have successfully sold their independent AD Delhaize store located in Humbeek to the Colruyt Group. This transaction marks a significant change as the store will be rebranded as a CoMarkt, which is the retail format utilized by Colruyt for its acquisitions. As part of this agreement, the entire workforce of the store has been retained, ensuring continuity and stability for employees and customers alike.

Industry Overview in Belgium

The Belgian retail grocery sector is highly competitive and dynamic, characterized by a mix of independent stores and large supermarket chains. As consumers increasingly seek convenience and value, the industry has seen a trend towards consolidation and the growth of private labels. The entry of major players into different market segments has intensified competition, pushing smaller retailers to adapt or join forces with larger groups.

Over the past few years, the consumer preference in Belgium has shifted towards organic and sustainable products, leading to an increase in specialized grocery stor