Ahold Delhaize USA’s Sale of its FreshDirect Business to Getir

On November 8, 2023, Ahold Delhaize USA, a division of Netherlands-based Ahold Delhaize and the parent company of its U.S. companies, announced that it has entered into an agreement to sell its FreshDirect business to Getir, a pioneer in ultrafast grocery delivery operating in the U.S. and globally. Cravath is representing Ahold Delhaize USA in connection with the transaction.

The Cravath team is led by partner Mark I. Greene and includes associates Marianne Madden, Mariel V. Mok and Kiyon Hahm on M&A matters; partner Ronald E. Creamer Jr. and associate Jamie H. Lee on tax matters; partner Eric W. Hilfers, senior attorney Arian Mossanenzadeh and associate Celine Li on executive compensation and benefits matters; partner Sasha Rosenthal-Larrea and associates Kathryn-Ann Stamm and David M. Ungar on intellectual property matters; partner Matthew Morreale on environmental matters; and senior attorney Joyce Law and practice area attorney Brian M. Budnick on real estate matters.