AHOLD TO ADD PYA/MONARCH TO ITS SERVICE MENU

ZAANDAM, Netherlands -- Ahold here last week moved to expand its presence in the U.S. food-service industry, as its wholly owned subsidiary, U.S. Foodservice, Columbia, Md., said it had signed a definitive agreement to acquire PYA/Monarch, a Greenville, S.C.-based food-service distributor that had revenues of $2.7 billion last year.Industry observers noted that while the acquisition would further

ZAANDAM, Netherlands -- Ahold here last week moved to expand its presence in the U.S. food-service industry, as its wholly owned subsidiary, U.S. Foodservice, Columbia, Md., said it had signed a definitive agreement to acquire PYA/Monarch, a Greenville, S.C.-based food-service distributor that had revenues of $2.7 billion last year.

Industry observers noted that while the acquisition would further Ahold's previously stated plan to become a multichannel food merchant, it also appears t

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