Kroger is buying Chicago meal-kit company Home Chef


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.

The meal-kit delivery company distributes more…

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