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Slide #30. United Natural Foods, Inc. — Trudeau Foods, LLC
United Natural Foods, Inc. (NYSE:UNFI)
Trudeau Foods, LLC
United Natural Foods, Inc. announced that it has entered into a definitive agreement to acquire all of the equity interests of Trudeau Foods, LLC ("Trudeau Foods") from Trudeau Holdings, LLC, a portfolio company of Arbor Investments II, LP. Trudeau Foods is the largest Minnesota-based distributor of natural, organic and specialty food products. The transaction is subject to customary closing conditions and is expected to close by September 30, 2013. Upon closing, Trudeau Foods will be operated as a wholly-owned subsidiary of UNFI.
United Natural Foods is a distributor of natural, organic, specialty, produce, and grocery and non-food products, and provider of support services in the U.S. and Canada. Co.'s selection of products includes nationally advertised brand name and private-label products, including grocery, general merchandise, home, health and beauty care, and pharmacy, which are sold through its Wholesale segment to wholesale customers and its Retail stores to shoppers. Co. provides marketing services for its customers and suppliers, including consumer and trade marketing programs, as well as programs to support suppliers in understanding its markets.
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Hold (1.78 out of 4)