Whole Food's biggest supplier's $2.9 billion bid to buy Supervalu is all about its independence

Whole Food's biggest supplier's $2.9 billion bid to buy Supervalu is all about its independence

6 years ago
Anonymous $RBasgWKaIV

https://www.cnbc.com/2018/07/26/whole-foods-supplier-united-natural-foods-to-buy-supervalu.html

Amazon's acquisition of Whole Foods has spurred its first big deal among the grocery distributors.

With United Natural Foods' $2.9 billion acquisition of Supervalu, announced Thursday, UNFI lessens its reliance on Whole Foods, a relationship that has been shrouded in uncertainty ever since Amazon acquired the natural grocer. Whole Foods accounts for roughly 33 percent of UNFI's business and has a contract with the distributor that is set to expire in 2025.

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