US: United Natural announces latest acquisition target

United Natural Foods announced late last week that it plans to acquire Tony’s Fine Foods, according to a press release.

The acquisition of the perishable deli products operations is reportedly expected to value about $195 million in cash and stock. United Natural says it plans to run Tony’s as a subsidiary.

The deal is set for completion in FY15, though remains subject to regulatory approval.

Full content: Perishable News

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