Latest In Grocery & Foodservice Distribution
CEO: Divestment to help company "build on core strengths."
Acquisition strengthens company's presence in the in-flight connectivity sector.
Michael Henn will be succeeded by Christine Neal.
Alan Tomblin will start his role as president & CEO on Nov. 1.
Sales also increase 10 percent to $13.6 billion in fourth quarter.
Foodservice distributor reported a loss of $2.2 million.
Wholesale and retail sales decreased, while Save-A-Lot sales increased.
Year-to-date sales up 5.7 percent year-over-year.
Company to expand wholesale business with acquisitions in four states.
Supplies on the Fly is an e-commerce platform exclusively serving Sysco customers.
Summit Partners to remain significant investor in distributor.
Acquisition will strengthen company's interconnect products business.
The distributor reported a loss of $5.1 million.
Titus Ball to succeed Kevin Zdimal as chief accounting officer.
Profit increased 29.3 percent for the quarter.
Fourth quarter sales decreased 10 percent year-over-year.
Acquisition will expand UNFI's produce footprint in the Western U.S.
