Joint venture for Ahold and La Fragua

Ahold, the Dutch retailer, and partner La Fragua in Guatemala team up in new joint venture with Costa Rican market leader CSU. CSU is already the leading food retailer in Costa Rica and Nicaragua with stores in Honduras as well as important agribusiness operations in the region. The new joint venture will have sales of approximately USD 1.3 billion and, once completed, becomes the leading retail operation in the Central American region.