United Natural Foods,
Millbrook agree to merger
Oct 8, 2007 10:58 AM
United Natural Foods Inc and Millbrook Distribution Services Inc, a privately held subsidiary of Distribution Holdings Inc, announced a definitive merger agreement whereby UNFI Merger Sub Inc, a wholly owned subsidiary of United, will acquire all the outstanding shares of Distribution Holdings. Financial terms of the transaction were not disclosed. The transaction is expected to close in the next 30 days and is subject to customary closing conditions.
Established in 1960 and headquartered in Leicester MA, Millbrook distributes more than 22,000 specialty food items and 20,000-plus health and beauty care items and other non-food items to more than 9,000 retail locations. It has four distribution centers, representing more than 1.6 million square feet of warehouse space. They are in Harrison AR (1.2 million square feet), Leicester (188,000 square feet), East Brunswick NJ (177,600 square feet), and Tampa FL (65,000 square feet).
Robert A Sigel, Millbrook president and chief executive officer, will continue to oversee the operations of Millbrook once the merger with United is completed.
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