Ahold completes sale of U.S. Foodservice
July 03, 2007
by FoodBusinessNews.net Staff
AMSTERDAM, THE NETHERLANDS — Ahold has completed the sale of U.S. Foodservice to a consortium Clayton, Dubilier & Rice Fund VII, L.P. and Kohlberg Kravis Roberts & Co L.P.
"This is a milestone for Ahold," said John Rishton, acting president and chief executive officer. "The sale of U.S. Foodservice is a significant step in implementing the company’s strategy announced last November."
The purchase price was $7.1 billion.