United Natural Foods, Inc. · NYSE:UNFI
United Natural Foods — Merger or Acquisition (July 2018)
15 slides from United Natural Foods's merger presentation, Jul 27, 2018
Slide 1: Forward Looking Statements
Forward Looking Statements This presentation contains, and certain statements made by representatives of UNFI and SUPERVALU, and their respective affiliates, from time to time may contain, “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litig
Slide 2: Today's Presenters
3 The UNFI Difference Steve Spinner President, Chief Executive Officer and Chairman United Natural Foods Mark Gross President and Chief Executive Officer Supervalu Today’s Presenters Mike Zechmeister Chief Financial Officer United Natural Foods Sean Griffin Chief Operating Officer United Natural Foo
Slide 3: Transforming into North America's Premier Wholesale Distributor
Transforming into North America’s Premier Wholesale Distributor 4 The UNFI Difference Largest distributor of natural and organic products in the U.S. and Canada Largest publicly traded food wholesaler in the U.S.
Slide 4: Market Reach and Scale Creates compelling value for customers and shareholders
5 The UNFI Difference Market Reach and Scale Creates compelling value for customers and shareholders Diversifies Customer Base Expands customer base and increases distribution opportunities across channels, including those where demand for “better for you” products is accelerating and UNFI is under-
Slide 5: Enhanced product range for an expanded universe of customers
6 The UNFI Difference Enhanced product range to bring attractive, comprehensive product portfolio to expanded universe of customers Advances Build-out-the-Store Growth Strategy Private Brand Portfolio
Slide 6: A Highly Complementary Combination
A Highly Complementary Combination Combining two wholesale distribution leaders with differentiated and unique capabilities Other 11 % Supernatural 33 % Inde ndent Natural Retailers 26 % Other 8% Supernatural 14% rmarket 30 % SVU FL 3% Independent Natural Retailers 11% Unified Grocers 17% Independen
Slide 7: Overview
Overview 8 The UNFI Difference
Slide 8: Supervalu: A Leader in U.S. Wholesale Food Distribution
Supervalu: A Leader in U.S. Wholesale Food Distribution 9 The UNFI Difference Net Sales Breakdown Source: Supervalu investor presentation; Company data as at February financial year end Includes 113 military commissaries. Store counts as of February 24, 2018. Includes continuing operations only. Sto
Slide 9: Supervalu: Wholesale Business Review
Supervalu: Wholesale Business Review Back office (accounting / HR) Ethnic/ Specialty 23% Retail operations (pricing, ads, shelf management, credit card processing) Traditional 43% Upscale/ Fresh 16% Value 18% Technology (SV Digital, systems) National distribution footprint (29 distribution centers)
Slide 10: Synergies and Financial Impact
Synergies and Financial Impact 11 The UNFI Difference
Slide 11: Compelling Synergy Opportunities
Compelling Synergy Opportunities Unlocking potential value across our business Cross-selling, offering to high-growth products in perimeter of store and expanded private label offering Revenue Alignment of inbound logistics and adopt professional services unit Optimize supply chain and enhanced capa
Slide 12: Financial Impact
Financial Impact one2 1 Reflects FY18 SVU Wholesale and UNFI trailing twelve months results as of Q3FY18/ 2 On an adjusted basis, excluding retail and one-time costs 13 The UNFI Difference Over time, divest SVU retail business in a thoughtful and economic manner Proceeds to pay down debt Retail Dive
Slide 13: Transforming into North America's Premier Wholesale Distributor
Transforming into North America’s Premier Wholesale Distributor 14 The UNFI Difference Largest distributor of natural and organic products in the U.S. and Canada Largest publicly traded food wholesaler in the U.S.
Slide 14: Important Additional Information will be Filed with the SEC
Important Additional Information will be Filed with the SEC 15 The UNFI Difference The information in this presentation does not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval with respect to the proposed acquisition by UNF
Slide 15: Important Additional Information will be Filed with the SEC
Important Additional Information will be Filed with the SEC The information in this presentation does not constitute an olf to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval with respect to the proposed acquisition by UNF! or SUPERVALU. In connec
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