Recent

% | $
Quotes you view appear here for quick access.

United Natural Foods, Inc. Message Board

  • lab5511 lab5511 Oct 1, 2007 11:17 AM Flag

    Unfi has bought Millbrook the specialty foods distributor

    The real rumor at the Natural Foods Show in Baltimore was that Unfi has purchased Millbrook. It should hit the press sometime in the next few days.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Bigbison, CARE TO FOLLOW UP ON YOUR IDIOT COMMENTARY OF SEVERAL MONTHS AGO!

      "flaglerwrangler, back again? Let me guess, UNFI's margins are going to fall because they have now wrapped up another 10,000 customers. Let's not forget that WFMI is now more dependent on UNFI since they will carry all of Millbrook's products now too. In the world of business, the dollar speaks the loudest. Been to Kroger lately?"

    • Great message. Its crazy how these naysayers know nada about the industry and spew negativity. This industry isnt a fad or cycle. UNFI speaks of social and environmental responsibility and backs it up.

    • Correction: the Merchandise Division is 8000 products. However, after reviewing both Confectionary and Ethnic Foods, Millbrook was a very, very good move for UNFI. As the wellness megatrend continues, we will more and more types of people come into the organic and natural fold.

    • On the contrary, Millbrook should offer WFMI many products including the health and beauty products that number 15,000 items. Also of great interest is the 8000 confectionary products including the organic and natural selection there.

      I strongly suspect that as more companies go organic (like Gerber and certain Heinz items), Millbrook will prove to be a very strategic acquistion in the wellness megatrend.

      Demand for shares of UNFI is going to go up big.

    • Millbrook offers WFMI hardly anything, but who would expect the stupid Pilgrim from Montana to know that, but why he lies to the contrary makes him a totally unreliable source of information.

    • flaglerwrangler, back again? Let me guess, UNFI's margins are going to fall because they have now wrapped up another 10,000 customers. Let's not forget that WFMI is now more dependent on UNFI since they will carry all of Millbrook's products now too. In the world of business, the dollar speaks the loudest. Been to Kroger lately?

    • Pilgrim, you don't know sh!t from shinola and mrnatural knows more in his pinky about this industry than you will ever know.

    • I don't trust the bread your breaking. It's moldy. Townsend left on good terms and the private label items UNFI is shipping are coming from the very company he now sits with. I don't know what schism your talking about but when it comes to business, this company ranks number one in social responisbility and environmental ethics. The number one rule of the marketplace is money. Anyone suggesting the Millbrook acquisition is for personal profit might be right. However, I don't think there is a shareholder alive who is against the acquisition because what is good for the company is good for the shareholders.
      When you talk about "demolition," maybe you should realize this industry is growing at about 20% a year. That means more jobs, not fewer jobs. The only "dark side" here is your negative bias. That's okay though because the rest of us who know the industry also know the growth. I'll take a shrewd businessman in shorts and teeshirt any day over a an aloof, suited-up Wall Street clunker. Business is about what you wear, it's about the work you do. If you don't sweat, you aren't working. There are far more and bigger agendas going on in the natural and organic food markets than you know. There are many more surprises so I would get used to it.

    • In addition, the acquisition of Millbrook should only enhnace the 7 year contract with WFMI. With more products, UNFI can now bring more bargaining power to the table. UNFI is positioning itself perfectly for the next decades of growth in the wellness industry.

      • 1 Reply to biggestbison
      • Who really thinks that within six months of the deal closing that UNFI will be utilizing ONE iota of Millbrook's distribution warehousing network, union-based logistics personnel, or mid to upper level support management?

        Go back a few years and see what was left of the two major (BP and NEC) coop acquistions in terms of real estate and independent personnel... very close to nada from a down-the-road, big picture viewpoint.

        From UNFI's standpoint, the Millbrook acquisition offers less than zero intellectual property and four DC's which will likely be sold off before the ink is dry. UNFI didn't need Millbrook to get into the "ethnic" food business, and their isn't a customer in Millbrook's base that UNFI couldn't have courted alone except from as a primary / secondary option.

        Burdened with a death-spiraling 60% in-stock ratio, Millbrook was doomed to the slag pile, and UNFI just hastened the demise, took care of the few MB execs at the top, and added a boost to next quarter's sales figures.

        Guess I would have a little more respect if they had wrestled Haddon House to the ground.

    • The analysts never saw that one coming. Back to $38.00.

    • View More Messages
 
UNFI
67.170.00(0.00%)May 27 4:00 PMEDT