Royal Ahold to acquire Ukrop's stores

12/18/2009

NEW YORK Dutch supermarket operator Royal Ahold will acquire 25 stores from supermarket chain Ukrop’s for $140 million, according to Ahold.

Ahold, which operates the Stop & Shop, Giant-Carlisle and Giant-Landover banners in the United States will buy 25 of the Richmond, Va.-based chain’s stores in first quarter 2010 and incorporate them into the Giant-Carlisle chain, according to the Wall Street Journal.

The Virginia Gazette reported that Ahold would end Ukrop’s policy of closing on Sundays and not selling alcohol.

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