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Ahold Delhaize the food retail group to acquire FreshDirect

One of the world’s largest food retail groups, Ahold Delhaize to acquire New York City’s online grocer FreshDirect.

The Dutch grocery company Ahold Delhaize will acquire the majority share in FreshDirect, while private equity firm Centerbridge partners will buy 20% stake

FreshDirect will retain its brand name and will also continue to independently operate out of its facility in New York City.

Frans Muller, the CEO of Ahold Delhaize said

“FreshDirect is a leading local brand in the fast-growing online grocery sector in the New York City metro area, one of the most important e-commerce food markets in the United States,”

 “With its unparalleled quality of fresh food, exceptional brand recognition, and dedicated people, it has generated remarkable customer loyalty,”

“This acquisition further propels our omnichannel evolution. It is a great addition and fit for our portfolio of leading local brands,”

“The deal allows us to reach additional customers in the New York trade area and therefore will add incremental sales to the business. It further enables us to address customers’ growing preference for convenient ways to shop,”

“Finally, we are excited to have Centerbridge alongside of us in this venture and believe our combined focus, expertise and scale will help us maximize the success of FreshDirect going forward.”

FreshDirect is USA’s online grocery giant With More than twenty years of local market and customer experience, the company focuses on fresh food.

The company’s efficient supply chain enables faster and more direct delivery of fresh food than many other conventional grocery services.

David Mclnerney, the CEO of FreshDirect said

“We are strong believers that the future of grocery retail involves getting customers the best-quality food, exactly when they want it, with the best customer service,”

“We have built FreshDirect into a reliable and recognizable business to serve this purpose. This transaction marks an important milestone in the continued growth of FreshDirect,”

“I believe Ahold Delhaize’s global scale; focus on strong, leading local brands; and ability to utilize cost-of-goods synergies will allow FreshDirect to achieve its full potential.”

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