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Lindley Estes is a business writer for The Free Lance-Star and Fredericksburg.com. This blog is on Fredericksburg-area business. Send an e-mail to Lindley Estes.

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Giant Food parent Ahold buying Ukrop’s?

Giant Food’s parent company, Holland-based Ahold, appears to be set to buy Henrico County-based Ukrop’s Food Markets. Ahold had a press release about the acquisition on its Web site moments ago but appears to have now taken it down. The Richmond Times-Dispatch is reporting that Ukrop’s is holding a 2 p.m. meeting with managers today at its headquarters. Also, a news conference has been scheduled for today at 4 p.m. in a ballroom at the Sheraton Richmond West Hotel.

The Wall Street Journal reported last month that Ahold was looking for acquisitions.

Company officials have not been reached for comment. Rumors have swirled for months that a Ukrop’s sale was imminent.

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Permalink: http://news.fredericksburg.com/businessbrowser/2009/12/17/giant-food-parent-ahold-buying-ukrops/

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