PROVIDENCE, R.I. — United Natural Foods Inc. here said Thursday it has agreed to acquire regional wholesaler Trudeau Foods LLC, a Minnesota-based distributor of of natural, organic and specialty food products.
Terms were not disclosed. The transaction is scheduled to close by Monday.
“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,” said 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.”
Read more: UNFI Posts Q4 Sales, Profit Gains
Trudeau Foods, which had been owned by a private investment firm, serves over 600 customer locations, including chain and independent grocers, wholesalers and meat markets in Minnesota, North Dakota, Wisconsin and Michigan’s Upper Peninsula. It carries a range of high-quality and specialty gourmet meats, frozen foods, dairy, bakery, deli, seafood and dry grocery items under several national, regional and private-label brands.
|Suggested Categories||More from Supermarketnews|