On July 26, 2018, United Natural Foods, Inc. (NASDAQ: UNFI) and SUPERVALU Inc. (NYSE: SVU) announced that they have entered into a definitive agreement under which UNFI will acquire SUPERVALU for $32.50 per share in cash, or approximately $2.9 billion, including the assumption of outstanding debt and liabilities. This transaction accelerates UNFI’s “Build out the Store” growth strategy by immediately enhancing its product range to an expanded universe of customers. Combining UNFIs leading position in natural and organic foods with SUPERVALU’s presence in fast-turning products makes the combined entity the partner of choice for a broader range of customers. The company will be able to provide “better for you” products as well as other high-growth product categories, improving customers’ competitive advantages in a dynamic marketplace. These benefits, plus the increased efficiency and productivity, is expected to create shareholder value, increased opportunities for our suppliers, a broader assortment for customers and create new prospects for associates over the long term.


United Natural Foods, Inc.

Investor Contact:
Steve Bloomquist
Vice President, Investor Relations