Performance Food Group
| File:Performance Food Group logo.svg | |
| Company type | Public |
|---|---|
| Founded | 1885 |
| Headquarters | Richmond, Virginia, U.S. |
Key people | George Holm (chairman, president & CEO) James Hope (EVP & CFO) |
| Revenue | Increase US$30.398 Billion (Fiscal Year Ended July 3, 2021)[1] |
| Increase US$200.7 Million (Fiscal Year Ended July 3, 2021)[1] | |
| Increase US$40.7 Million (Fiscal Year Ended July 3, 2021)[1] | |
| Total assets | Increase US$7.845 Billion (Fiscal Year Ended July 3, 2021)[1] |
| Total equity | Increase US$2.106 Billion (Fiscal Year Ended July 3, 2021)[1] |
Number of employees | 22,770 (July 3, 2021) |
| Website | www |
Performance Food Group Company (PFG) is an American food service distributor that was founded in 1885 in Richmond, Virginia, by food peddler James Capers.[2][3] Headquartered in Goochland County, Virginia (just outside Richmond), the company distributes a range of food products, and has more than 22,000 employees.[citation needed] It has three divisions, each catering to specific market segments: Performance Foodservice, Vistar, and PFG Customized.[4]
History
[edit | edit source]James Capers' original business which was founded in 1885, grew into Pocahontas Foods.[2][5] The company became Performance Food Group in 1987.[2] In 2008, the company announced it was to be acquired by Wellspring Capital Management and Blackstone Group for $1.3 billion.[6][7] Two other foodservice companies owned by the private equity firms, snack food distributor Vistar and Italian foodservice company Roma Foods, were then merged into PFG. PFG went public on October 2, 2015, at NYSE with issuing 14.5 million shares at $19 per share.[8] The company is also a Fortune 500 company, currently ranked at 114 as of 2021.[9][10]
Acquisition history
[edit | edit source]- Core-Mark (2021)[11]
- Eby-Brown (2019)[12]
- Reinhart Foodservice (from Reyes Holdings) (2019)[13]
- Springfield Foodservice Corp. (2001)[14][15]
References
[edit | edit source]- ^ a b c d e Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
- ^ a b c Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
- ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
- ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
- ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
- ^ Equity Firms Acquiring Food Supplier. Bloomberg, January 19, 2008
- ^ Blackstone, Wellspring to acquire Performance Food Group in $1.3bn deal Archived June 11, 2008, at the Wayback Machine. AltAssets, January 18, 2008
- ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
- ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
- ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
- ^ Performance Food Group Company Completes the Acquisition of Core-Mark. Stockhouse, September 1, 2021
- ^ Eby-Brown to Be Acquired by Performance Food Group. CSNews, March 19, 2020
- ^ Performance Food Group Completes Acquisition of Reinhart Foodservice. Restaurantinformer, January 1, 2020
- ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
- ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
External links
[edit | edit source]
Lua error in Module:Authority_control at line 153: attempt to index field 'wikibase' (a nil value).