In November 2001, CD&R completed the sale of Alliant Exchange, Inc., one of the largest foodservice providers in the U.S.  [Buyouts Logo] with sales of approximately $6.7 billion, to Royal Ahold (NYSE: AHO), the international food retail and food service company which owns U.S. Foodservice. CD&R originally purchased the former Kraft foodservice division from Philip Morris Corporation, and under CD&R's ownership, Alliant invested in its national distribution network, infrastructure, and technology systems and streamlined operations. Revenues increased 60%, reflecting both internal growth and acquisitions. CD&R received Buyouts Newsletter's Exit of the Year Award for the sale of Alliant.