ST. AUGUSTINE, Fla. — Royal Wessanen nv said it sold Tree of Life, the natural/organic food distributor based here, along with all but one subsidiary, to Kehe Food Distributors for $190 million cash, in a debt-free transaction. The agreement includes Tree of Life U.S., as well as Tree of Life Canada, which operates out of Calagary, Alberta. Only Panos Brands, a portfolio of 15 food brands, was not included in the sale, according to Wessanen officials, speaking from the Netherlands. Kehe, ...

REGISTER TO VIEW THIS ARTICLE - Register for a Free Account

Why Register for FREE?

Salary Survey 2015

Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick.  What are you waiting for! In addition you will also receive complimentary access to the SN salary survey data tables.

Click here to read the FAQ page if you have any questions (opens in a new window)

Attention Paid Print Subscribers:  While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.

Already registered? here.