Ahold Acquires Another Foodservice Distributor

Sep 12, 2002

By George Anderson

U.S. Foodservice, a wholly-owned subsidiary of Ahold, announced that is is acquiring Lady Baltimore Foods, a foodservice distributor based in Kansas City, KS. The transaction is expected to be completed in the third quarter 2002.

Moderator’s Comment: What are the pros and cons of
Ahold’s total food distribution strategy with supermarkets, c-stores, foodservice
and e-commerce ventures? Is the company positioned to grow organically or must
it depend on acquisitions? [George
Anderson – Moderator

There is an interesting article in today’s Wall
Street Journal
CEO Battles Slowdown In Sales and Investors’ Doubts
. Written by staff
reporter, Deborah Ball, it looks at Ahold’s corporate performance and its disappointing
stock price.

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