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United Natural Foods Inc. (Nasdaq: UNFI), Providence, RI, has agreed to acquire Tony’s Fine Foods, a distributor of perishable food products.
“Tony’s Fine Foods will serve as our platform for building out our national perimeter product offering,” said Steven Spinner, president and CEO of UNFI.
The transaction is expected to close by the fourth quarter of the 2014 fiscal year, when Tony’s Fine Foods will become a subsidiary of United Natural Foods Inc. UNFI distributes more than 65,000 products to more than 27,000 customer locations throughout the U.S. and Canada.