Kehe acquires Tree of Life operations in the US
Kehe Food Distributors, the leading distributor of natural and specialty food products in the US, has agreed the purchase its main rival, Tree of Life North America, from Netherlands-based Royal Wessanen for $190 million. The deal will allow Royal Wessanen to reduce its debt and focus on its European business, and will consolidate distribution opportunities for food and beverage companies aiming at the US natural foods channel. The consolidation of Tree of Life into Kehe will also extend Kehe's presence in neighboring Canada.