United Natural Foods announced that it has entered into a definitive agreement to acquire all of the equity interests of 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. Upon closing, Trudeau Foods will be operated as a wholly-owned subsidiary of UNFI.
- Consumer Discretionary
- Mergers, Acquisitions & Takeovers
- United Natural Foods