Ahold completes sale of U.S. Foodservice

by FoodBusinessNews.net Staff
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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.

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