
FreshDirect customers have nothing to fear after the company was bought by the Dutch owner of Stop & Shop and Food Lion, the grocery delivery service’s CEO said Tuesday.
Ahold Delhaize and Centerbridge Partners, a private equity firm, announced Wednesday that they would be buying FreshDirect. Financial terms of the deal were not disclosed, but Ahold Delhaize will acquire a majority stake and Centerbridge Partners will have a minority investment of 20%.
“Hopefully the only differences that customers see are the benefits,” FreshDirect CEO David McInerney said on CNBC’s “Squawk Box.”
To read the rest of the story, please go to: CNBC