Royal Ahold plans to sell U.S. Foodservice division
Royal Ahold plans to sell U.S. Foodservice division
Holland-based Royal Ahold NV has announced plans to sel its Columbia, MD- based U.S. Foodservice division, which it has successfully turned around from a revenue-losing entity in 2003 to a salient company, indicating that the move is part of a restructuring effort aimed at boosting shareholder value.
The announcement came in conjunction with Ahold's latest Retail Review report.
The announcement came in conjunction with Ahold's latest Retail Review report.