New Hope Network is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

UNFI completes purchase of Haddon House Food Products

Article-UNFI completes purchase of Haddon House Food Products

UNFI completes purchase of Haddon House Food Products

United Natural Foods Inc. (Nasdaq: UNFI) has completed its previously announced acquisition of all of the outstanding equity interests of Haddon House Food Products and certain affiliated entities as well as certain real estate on financial terms previously announced. UNFI financed the purchase price for Haddon with borrowings under the company’s revolving credit facility. The final purchase price is subject to a customary post-closing net working capital adjustment.

With the completion of the transaction, Haddon is now a wholly-owned subsidiary of UNFI, and will continue to operate as Haddon House Food Products. Founded in 1960 by the Anderson family, Haddon is a well-respected distributor and merchandiser of natural and organic and gourmet ethnic products throughout the Eastern United States.

Haddon is headquartered in Medford, New Jersey, and has a diverse, multi-channel customer base including conventional supermarkets, gourmet food stores and independently owned product retailers.

TAGS: General News
Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.