In the wake of threats to the grocery industry from online grocery providers, Kroger Co. recently announced plans to purchase Home Chef, the nation's largest private meal-kit company.
Kroger paid $200 million for Home Chef, and it will pay an additional $500 million if Home Chef hits certain targets.
Home Chef, based in downtown Chicago, employs more than 1,000 employees with distribution centers in Chicago, Atlanta and San Bernadino, California.