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Ahold Delhaize Considers IPO for Dutch Online Unit Bol.com

Stop & Shop owner would offer ‘small’ stake to public: CEO
E-commerce unit aims to double sales, earnings by 2025

Ahold Chief Executive Officer Frans Muller — Ahold Chief Executive Officer Frans Muller
Photographer: Chris Ratcliffe/Bloomberg

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By Thomas Mulier

November 15, 2021 at 7:14 AM UTC

Updated on

November 15, 2021 at 8:02 AM UTC

This article is for subscribers only.

Stop & Shop owner Royal Ahold Delhaize NV said it’s considering an initial public offering for Dutch online retail unit Bol.com as the pandemic-fueled boom in e-commerce attracts investors’ interest.

Bol.com aims to double its business by 2025 and keep its market-leading position in the Netherlands, where it’s bigger than Amazon.com Inc., Ahold Chief Executive Officer Frans Muller told reporters Monday. He said the company would offer a small stake and plans to keep control of the business. The transaction would take place in the second half of 2022. Ahold shares rose as much as 4.2% in Amsterdam.