Dutch food group Koninklijke Wessanen nv announced on Wednesday the acquisition of Canadian health food company Preisco Foods Ltd. and Jentash Specialty Foods Limited Partnership (Preisco/Jentash Foods). The purchase was carried out by the Tree of Life Inc, Wessanen's natural foods marketing and distribution company in North America. Preisco/Jentash Foods distributes specialty and health food to supermarkets and the out-of-home channel in Western Canada, with total sales of approximately CAN$42 million. The Preisco/Jentash Foods business will be combined with the Ashley Koffman division of Tree of Life Canada. Financial details of the acquisition were not disclosed. The company claims that the transaction is expected to close within the next few weeks.
