The e-commerce giant Amazon is making a new move today in the field of organic food with the acquisition of the Whole Foods Market , with a bid of $ 42 per share that evaluates the company to $ 13.7 billion . The business is to be approved by the authorities and all of the shareholders of Whole Foods and may end in the second half of the year.
This is Amazon's biggest acquisition since 2014, after buying the Twitch service.
Whole Foods Market is the largest organic and natural food retail network in the United States. Whole Foods will operate stores under their own brand. The founder and general manager of the company, John Mackey, will remain in office.
It's the first time Amazon invests into a traditional retail network, the e-commerce giant returning to the origins of classic commerce , in traditional stores