United Natural Foods to draw down on revolver to acquire Haddon House

By Marisa Wong

Morgantown, W.Va., Feb. 29 – United Natural Foods, Inc. expects to use borrowings under its amended and restated revolving credit facility to help finance an acquisition, according to an 8-K filing with the Securities and Exchange Commission.

The company will also use available cash to help fund its proposed acquisition of Haddon House Food Products, Inc. for $217.5 million.

Providence, R.I.-based United Natural Foods is a distributor of natural, organic and specialty foods and related products. Haddon House is a Medford-N.J.-based distributor, importer and exporter of specialty, natural, organic, ethnic and kosher foods.

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