Ahold Completes BI-LO, Bruno’s Sale

Zaandam, Netherlands, Dutch grocery retailer Ahold has completed the sale of its U.S. retail chains BI-LO and Bruno’s to Lone Star Funds, a Dallas-based private investment firm.

The sale, which was announced late last year, pertains to two major Southeastern regional supermarket chains with a combination of more than 450 locations and 2003 sales of $6.12 billion.