Deals
FreshDirect to Be Bought by Dutch Retailer Ahold Delhaize
Photographer: Michael M. Santiago/Getty Images
This article is for subscribers only.
FreshDirect, the New York-based online grocer specialized in food from local farmers, will be acquired by the Dutch-Belgian owner of Stop & Shop amid this year’s pandemic-induced boom in e-commerce.
Royal Ahold Delhaize NV will own a majority stake, while private equity firm Centerbridge Partners will buy 20%, the companies said late Wednesday, without giving financial details.