Ahold Delhaize wants to take bol.com to the stock market in the second half of next year, in order to raise funds for expansion. However, the Dutch group will retain a majority stake in its e-commerce subsidiary.
Strong ambitions
The timing is striking, as IPOs of e-commerce companies have been largely put on hold since the growth in the industry slowed down dramatically post- Covid. Rival Coolblue has, therefore, temporarily called off its IPO altogether.
This morning, Ahold Delhaize also announced its growth ambitions for the years 2023-2025. The company wants to increase sales by ten billion euros during that period. Half of that growth is supposed to come from online sales, which should double during that period.
In addition, the retail group says it wants to become climate-neutral faster. For its own activities, the target is currently pushed forwards to 2040 (with a halving of emissions achieved by 2030); ten years later, the entire supply chains, services and products should also be climate-neutral.
