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Whole Foods Market Sells $425 million Equity Stake to Leonard Green & Partners

Whole Foods Market announced last week that it will sell a 17 percent stake in the company to the private equity firm Leonard Green & Partners for $425 million.


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Whole Foods Market is the world’s leading natural and organic foods supermarket and America’s first national certified grocer. Leonard Green & Partners is a private investment firm established in 1989 which manages about $9 billion in capital.

Like many other businesses, Whole Foods has suffered the brunt of the economic crisis as consumer spending has gone down. It has been forced to restructure in multiple ways including cutting back on its expansion plans. John Mackey, chairman, chief executive and co-founder of Whole Foods Market said in a statement that the company viewed Leonard Green’s investment “as a strong vote of confidence in our business model and our long-term growth prospects, despite the current economic environment.”

Read here for the complete press release: Whole Foods Market Announces $425 Million Equity Investment by Leonard Green & Partners, L.P.

Written by Reenita Malhotra

Reenita Malhotra Hora is an Ayurveda clinician, entrepreneur, writer and mom. Her experience has ranged from running Ayoma, an Ayurveda business to running a natural health practice at San Francisco's California Pacific Medical Center.

Reenita is a published author of two books books about health and wellness: ‘Ayurveda - the Natural Medicine of India’ and
‘Inner Beauty’. She is also the Editor for Green Options Media's business blogs and a freelance writer for a variety of print and web publications.

In quieter moments, she likes to spend her time hiking, swimming the warm seas, cooking with the family or writing fantasy fiction adventure stories for kids from from 2 to 92.

Check out her wisdom at www.reenita.com

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  1. It’s interesting that Whole Foods is raising capital at this time when we not only face a recession, but also as new competition comes on the scene. Whole Foods has had a honeymoon period since swallowing up Wild Oats. new players will surely change the landscape – good business move!

  2. Well said. In addition, I am curious to see how this recession impacts upstream organic farming and ranching outfits. It seems as if both the growth of the organic food market as well have the price have benefited from this honeymoon and it will be interesting to see where they settle.

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