UNFI and SUPERVALU announced today that they have entered into a definitive agreement under which UNFI will acquire SUPERVALU for approximately $2.9 billion.
“This transaction accelerates UNFI’s “Build out the Store” growth strategy by immediately enhancing our product range, equipping us to bring an attractive, comprehensive product portfolio to an expanded universe of customers,” said Steve Spinner, UNFI’s Chief Executive Officer and Chairman.
Read full press release here.
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