Smart Balance completes purchase of Udi’s
date:Jul 03, 2012
7 million.
We are excited to include Udis Healthy Foods in our portfolio of health and wellness brands and believe this transaction to be transformational to our company, as it positions Smart Balance as a leader in gluten-free, accelerates our growth rate, and further diversifies our mix toward high-growth natural brands, said Stephen Hughes, chairman and chief executive officer of Smart Balance. As a result, we expect the companys organic revenue growth rate to accelerate, and we look forward
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