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UNFI has legacy strength in natural and organic products, while Supervalu has its roots in conventional grocery and fresh protein distribution.
During the company's investor day conference yesterday in Orlando, UNFI officials sought to steady the ship.
"There's no perfect acquisition, but acquiring Supervalu puts us in a position to win," Spinner said.
The greatest asset the combined companies believe they have is a robust product selection across channels and categories — from natural and organic produce to conventional groceries, and everything in between.
To take advantage of cross-selling opportunities and make supplying more efficient, UNFI plans to optimize its network of distribution centers.
The company currently operates 60 DCs — 33 of which are legacy UNFI, 27 of which belong to Supervalu.
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A lunch powwow turned into a partnership, and by 1997, Mc Aden had matched de Lasa's initial investment and the twosome headed a revamped activities service dubbed Social Circles.
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