date:May 26, 2014
United Natural Foods has signed an agreement to acquire all of the stock of Tonys Fine Foods, a distributor of perishable food products, for nearly $195.3m.
Founded in 1934, Tony's primarily sells its products to retail and specialty grocers, food service customers and other distribution companies. Its product portfolio includes a range of specialty protein, cheese, deli, food service and bakery goods.
For its fiscal year ended 30 September 2013, Tony's reported net sales of about $714m.
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