FreshDirect, the Northeast’s leading online fresh food grocer, today announced that it closed its sale to Ahold Delhaize, one of the world’s largest food retail groups, and investment firm Centerbridge Partners. The closing occurred today. …
The Dutch company already has a foothold in U.S. grocery e-commerce through Peapod, which was the first company in the country dedicated to online grocery delivery. But FreshDirect’s specialty is fresh food, which represents about 60% of its total sales, and it has a higher market share than Peapod in the New York tri-state area. …
Ahold Delhaize will acquire the majority share, funded by cash on hand, and Centerbridge Partners will be a minority equity investor with a 20% stake. …
Ahold Delhaize announces that the full proceeds of the company’s first Sustainability Bond have been used to support the increased consumption of sustainably sourced products, further reduce the company’s climate impact and increase sales of healthier products. …
Ahold Delhaize announces today that Food Lion, its second largest brand in the United States, by sales, has agreed to purchase 62 BI-LO and Harveys Supermarkets from Southeastern Grocers. …
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