The Belgian retail company Delhaize announces the sale of its retail formula Tom & Co., the leading pet speciality retailer in Belgium. An investment group led by Lionel Desclée, current member of the management of Delhaize Belgium, will take over the company. The brand Tom & Co. will continue to exist.
Delhaize aims to focus more than ever on the sale of healthy and high quality food. The management and further development of a pet speciality retailer is no longer considered a priority, stresses the retail company.
The buyer of Tom & Co. is PetSerCo., an investment group of which Lionel Desclée is the principal shareholder. Following the acquisition, Lionel Desclée will leave Delhaize.