Dear UNFI Suppliers,
As you know, UNFI is the industry leader in supply center of the store natural, specialty and organic dry, refrigerated and frozen products across North America. Additionally our Albert’s Organics division provides organic produce and perishables to many of our customers in the United States while Select Nutrition focuses on natural supplements and personal care products.
We have previously spoken about our interest in natural protein and specialty cheese becoming a very important part of our vision for growth during the next decade. Today, I am excited to announce an acquisition which will serve as the foundation for accomplishing this vision.
UNFI has entered into a definitive agreement to acquire Tony’s Fine Foods, which is a leading distributor of perishable food products including a wide array of specialty protein, cheese, deli, food service and bakery goods. Based in northern California, Tony’s is a third generation company with facilities in West Sacramento, CA and Ridgefield, WA. Total sales are in excess of $700 million with over 700 associates. Tony’s very unique service model will be built across the country enabling UNFI to be the industry leader in these exciting product categories.
The sale will close in approximately 30 days following customary regulatory approval, at which point Tony’s Fine Foods will become a wholly-owned subsidiary operated by UNFI.
Scott Berger and Karl Berger (grandsons of the founder) will continue to lead the company as Co-Presidents and will lead our expansion of the Tony’s Fine Foods platform across the country.
I’m excited about what this acquisition will mean for our company and our customers.