Sligro Food : Food distributor Sligro sells retail operations in $491 million deal

Sligro Food Group N.V. specializes in food distribution. Net sales break down by activity as follows: - delivery of food products (64.3%): to restaurants, caterers, companies, stores, hospitals, retirement homes, schools, etc.; - wholesale distribution (35.7%): activity ensured through 63 cash & carry stores located in the Netherlands (51) and Belgium (12). In addition, the group is developing a non-food products distribution business for catering professionals (kitchen equipment and utensils, culinary accessories, household products, cookbooks, etc.). Net sales are distributed geographically as follows: the Netherlands (85%) and Belgium (15%).