Global food retailer Ahold said its US Foodservice unit is to buy the net working capital and goodwill of foodservice distributor Lady Baltimore Foods in the US.

Ahold said the deal would improve US Foodservice’s presence in the Kansas and Missouri markets, where Lady Baltimore distributes over 14,000 food items and kitchen supplies to restaurants, schools and the healthcare sector.

Dutch-based Ahold generates some 60% of its turnover Stateside.