United Natural Foods Enters Into an Agreement to Acquire Trudeau Foods


Fri. September 27th, 2013 - by Jordan Okumura-Wright

<p>United Natural Foods, Inc. has entered into a definitive agreement to acquire all of the equity interests of Trudeau Foods, LLC. Trudeau Foods is one of the largest Minnesota-based distributor of natural, organic and specialty food products, according to a press release. The transaction is expected to close by September 30, 2013 for an undisclosed amount. Trudeau Foodswill be operated as a wholly-owned subsidiary of UNFI upon closing.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding">"This acquisition is the latest step in our strategy to grow our market share and deliver a complete basket of specialty, natural and organic products to our customers," commented Steve Spinner, UNFI's President and Chief Executive Officer. "We are excited to welcome Trudeau Foods to our organization. Both companies have a tremendous history of commitment to servicing their customers, and we are enthusiastic about the growth prospects for this market."<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding">Trudeau Foods serves over 600 customer locations, including chain and independent grocers, wholesalers and meat markets in Minnesota, North Dakota, Wisconsin and Michigan's Upper Peninsula. The company carries a full range of specialty gourmet meats, frozen foods, dairy, bakery, deli, seafood and dry grocery items under a wide breadth of national, regional and private label brands.</p><hr class="legacyRuler"><hr class="invisible minimal-padding"><p><a class="btn btn-sm btn-primary col-lg-12" style="white-space: normal;" href=" https://www.unfi.com/ProductsAndServices/Pages/Products.aspx" target="_new"> UNFI</a></p><hr class="legacyRuler"><hr class="invisible minimal-padding">