United Natural Foods To Acquire Trudeau Foods, LLC - Quick Facts

(RTTNews) - United Natural Foods, Inc. (UNFI) announced that it has entered into a definitive agreement to acquire all of the equity interests of Trudeau Foods, LLC from Trudeau Holdings, LLC, a portfolio company of Arbor Investments II, LP.

Commenting on Trudeau Foods, the company said it is the largest Minnesota-based distributor of natural, organic and specialty food products.

The transaction is expected to close by September 30, 2013. Upon closing, Trudeau Foods will be operated as a wholly-owned subsidiary of UNFI, the company stated.

"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," commented Steve Spinner, UNFI's President and Chief Executive Officer.