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United Natural Foods: Acquisition of Tony’s Fine Foods completed
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PROVIDENCE, Rhode Island - United Natural Foods, Inc. (UNFI) (the "Company") has completed its previously announced acquisition of all of the stock of Tony’s Fine Foods (“Tony’s”) for total consideration of approximately $195.3 million. The final purchase price is subject to a customary post-closing net working capital adjustment.
With the completion of the transaction, Tony’s is now a wholly-owned subsidiary of UNFI, and will continue to operate as Tony’s Fine Foods. Founded in 1934 by the Ingoglia family, Tony’s sells products primarily to retail and specialty grocers, food service customers and other distribution companies.
Tony’s Fine Foods is headquartered in West Sacramento, California and is a leading distributor of perishable food products including a wide array of specialty protein, cheese, deli, food service and bakery goods throughout the Western United States, as well as Alaska and Hawaii.
About United Natural Foods
United Natural Foods, Inc. (http://www.unfi.com) carries and distributes more than 65,000 products to more than 31,000 customer locations throughout the United States and Canada. The Company serves a wide variety of retail formats including conventional supermarket chains, natural product superstores, independent retail operators and the food service channel. United Natural Foods, Inc. was ranked by Fortune in 2006 - 2010 as one of its "Most Admired Companies" and in 2012 as one of its "Most Admired American Companies," winner of the Supermarket News 2008 Sustainability Excellence Award, recognized by the Nutrition Business Journal for its 2009 Environment and Sustainability Award and chosen by Food Logistics Magazine as one of its 2012 Top 20 Green Providers.
For more information on United Natural Foods, Inc., visit the Company’s website at www.unfi.com.
PROVIDENCE, Rhode Island - United Natural Foods, Inc. (UNFI) (the "Company") has completed its previously announced acquisition of all of the stock of Tony’s Fine Foods (“Tony’s”) for total consideration of approximately $195.3 million. The final purchase price is subject to a customary post-closing net working capital adjustment.
With the completion of the transaction, Tony’s is now a wholly-owned subsidiary of UNFI, and will continue to operate as Tony’s Fine Foods. Founded in 1934 by the Ingoglia family, Tony’s sells products primarily to retail and specialty grocers, food service customers and other distribution companies.
Tony’s Fine Foods is headquartered in West Sacramento, California and is a leading distributor of perishable food products including a wide array of specialty protein, cheese, deli, food service and bakery goods throughout the Western United States, as well as Alaska and Hawaii.
About United Natural Foods
United Natural Foods, Inc. (http://www.unfi.com) carries and distributes more than 65,000 products to more than 31,000 customer locations throughout the United States and Canada. The Company serves a wide variety of retail formats including conventional supermarket chains, natural product superstores, independent retail operators and the food service channel. United Natural Foods, Inc. was ranked by Fortune in 2006 - 2010 as one of its "Most Admired Companies" and in 2012 as one of its "Most Admired American Companies," winner of the Supermarket News 2008 Sustainability Excellence Award, recognized by the Nutrition Business Journal for its 2009 Environment and Sustainability Award and chosen by Food Logistics Magazine as one of its 2012 Top 20 Green Providers.
For more information on United Natural Foods, Inc., visit the Company’s website at www.unfi.com.