Announced
Completed
Financials
Tags
United States
online grocer
Majority
Food Retailers and Wholesalers
Private
Cross Border
Acquisition
Private Equity
online grocery shopping
Friendly
Completed
Synopsis
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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