(May 3) Dutch retailer Royal Ahold NV has agreed to sell U.S. Foodservice Inc., Columbia, Md., to two private equity companies for $7.1 billion.

The deal, announced May 2, is subject to approval from Ahold shareholders, but the company said in a news release that the sale should close in the second half of this year.

Shareholders are scheduled to vote on the proposal June 19.

Ahold announced it was seeking a buyer for U.S. Foodservice in November. The private equity firms — Clayton, Dubilier & Rice and Kohlberg Kravis Roberts and Co. — have been suitors to the company for more than four months.

“I am extremely pleased to be able to announce the we have reached this important milestone for U.S. Foodservice, for Ahold and our shareholders,” said Anders Moberg, president and chief executive officer of Ahold, in the company release. “We have focused on restructuring U.S. Foodservice, strengthening its capabilities and restoring profitability. The agreement we have been able to reach with CD&R and KKR is the result of the hard work and dedication of everyone at U.S foodservice.”

According to Ahold, U.S. Foodservice is the second-largest foodservice distributor in the U.S., with net sales of $19.2 billion.