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United Natural Foods Completes Merger With Northeast Cooperatives, Names New CFO

DAYVILLE, Conn. - Food distributor United Natural Foods Inc. has completed its previously announced merger with privately held Northeast Cooperatives, a natural food distributor in the Northeast and Midwest regions of the United States. Northeast Cooperatives, headquartered in Brattleboro, Vt., had approximately $120 million in sales for the last 12 months. Details of the transaction were not disclosed.

Northeast Cooperatives carries and distributes more than 14,000 products to approximately 2,800 customers primarily in the Northeast. Northeast Cooperatives serves a wide variety of retail formats including conventional supermarket chains, natural product superstores, independent retail operators, cooperatives, institutions and buying clubs.

United Natural Foods on Monday announced the appointment of Rick D. Puckett to the positions of vice president, chief financial officer and treasurer. In his new position, Puckett will be responsible for the company's finance, accounting and treasury functions. Puckett will replace Todd Weintraub, who had served as CFO and treasurer since April 2001.

"We are very pleased that Rick has joined United Natural Foods in this key position. With more than 25 years experience working for public and private companies in the distribution and service sectors, Rick brings an outstanding blend of strategic financial planning experience, strong accounting skills and technical systems expertise," said Steven Townsend, president and CEO.

United Natural Foods Inc. carries and distributes over 30,500 products to more than 11,000 customers nationwide. The company serves a wide variety of retail formats including conventional supermarket chains, natural product superstores and independent retail operators.
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