After several months of speculation regarding who would buy natural & organic distributor Tree of Life, Royal Wessanen nv announced in late December that it was selling the natural & organic distribution company to KeHE Food Distributors for $190 million. The transaction, which closed earlier this year, is significant in many respects. Along with signaling continued improvement in the U.S. mergers & acquisitions market, the purchase has significantly altered the competitive landscape for natural, organic and specialty product distribution. Prior to this transaction, the top four distributors were United Natural Foods Inc....
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