AHOLD CLOSES RED FOOD DEAL

ZAANDAM, the Netherlands -- Ahold here said last week it paid $124 million to complete the previously announced acquisition of Red Food Stores, Chattanooga, Tenn.s through its U.S. holding company Pramer. The 55-store chain had annual sales of $585 million in 1993."We now have another strong supermarket chain in Red Food Stores," said Robert Zwartendijk, president of Ahold USA and a member of the

ZAANDAM, the Netherlands -- Ahold here said last week it paid $124 million to complete the previously announced acquisition of Red Food Stores, Chattanooga, Tenn.

s through its U.S. holding company Pramer. The 55-store chain had annual sales of $585 million in 1993.

"We now have another strong supermarket chain in Red Food Stores," said Robert Zwartendijk, president of Ahold USA and a member of the corporate executive board.

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