ELIZABETH, N.J. -- Netherlands-based Ahold has continued its aggressive U.S. expansion strategy by agreeing to acquire Mayfair Super Markets here. Ahold USA, Parsippany, N.J., Ahold's wholly owned subsidiary, signed a letter of intent last week to purchase the 28-store chain, ending persistent acquisition speculation concerning Mayfair. The sale is expected to close at the end of July. The selling price was not disclosed, although observers said it is likely to include Mayfair's estimated ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Registering for content on Supermarket News will give youINSTANTaccess to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’sFREE, easy and quick. What are you waiting for!In addition you will also receive complimentary access to the SN salary survey data tables.
Attention Paid Print Subscribers: While you have already been grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.