ROMEOVILLE, Ill. — Kehe Food Distributors here has signed an agreement to acquire Tree of Life from Royal Wessanen nv, with an anticipated closing date in early 2010, the companies announced. The agreement, in which Kehe paid $190 million cash, includes Tree of Life U.S., based in St. Augustine, Fla., and Tree of Life Canada, which operates out of Calgary, Alberta. Earlier this year, Wessanen stated it would start shopping its North American businesses in order to realign its portfolio and ...
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