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New Deal


Announced

Completed

Ahold Delhaize and Centerbridge Partners completed the acquisition of FreshDirect.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

online grocer

Majority

Food Retailers and Wholesalers

Private

Cross Border

Acquisition

Private Equity

online grocery shopping

Friendly

Completed

Synopsis

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Ahold Delhaize, an operator of retail stores, and Centerbridge Partners completed the acquisition of FreshDirect, an online grocer. Financial terms were not disclosed. Ahold Delhaize acquired the majority share, and Centerbridge Partners became a minority equity investor with a 20% stake. “We are very pleased that we can now definitively welcome FreshDirect to our family of great local brands. This leading local online brand with a large and loyal following will help us reach additional customers in the New York trade area and further propel our omni-channel evolution. We are looking forward to working with our new FreshDirect colleagues," Frans Muller, Ahold Delhaize Chief Executive Officer.

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