Kehe Acquires Tree of Life

Kehe Food Distributors here has agreed to acquire natural-food distributor Tree of Life from Dutch conglomerate Royal Wessanen, the companies said late last month. The sale, for which Kehe will pay $190 million in cash, is expected to close early this year. It includes Tree of Life U.S., based in St. Augustine, Fla., and Tree of Life Canada, which operates out of Calgary, Alberta.

ROMEOVILLE, Ill. — Kehe Food Distributors here has agreed to acquire natural-food distributor Tree of Life from Dutch conglomerate Royal Wessanen, the companies said late last month.

The sale, for which Kehe will pay $190 million in cash, is expected to close early this year. It includes Tree of Life U.S., based in St. Augustine, Fla., and Tree of Life Canada, which operates out of Calgary, Alberta.

Early last year, Wessanen said it would put its North American business

Register to view the full article

test - Advanced Registered User

Already a member? .