Hubbry Logo
search button
Sign in
Performance Food Group
Performance Food Group
Comunity Hub
MainMain
History
arrow-down
starMore
arrow-down
Sign in
Sign in
bob

Bob

Have a question related to this hub?

bob

Alice

Got something to say related to this hub?
Share it here.

#general is a chat channel to discuss anything related to the hub.
Hubbry Logo
search button
Sign in
Performance Food Group
Performance Food Group
Community hub for the Wikipedia article
logoWikipedian hub
Performance Food Group
Performance Food Group
Main
Welcome to the community hub built on top of the Performance Food Group Wikipedia article. Here, you can discuss, collect, and organize anything related to Performance Food Group. The purpose of the hub i...
Add your contribution
Media Collections
0
Timelines
0
Articles
0
Notes collections
0
Days in Chronicle
0
Performance Food Group

Performance Food Group Company (PFG) is an American company 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]

Key Information

History

[edit]

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]

References

[edit]
  1. ^ a b c d e "Performance Food Group Company 2021 Annual Report" (PDF). pfgc.com. July 3, 2021. Retrieved October 6, 2021.
  2. ^ a b c "More Than 100 Years of Foodservice Excellence". PFG. Retrieved October 9, 2017.
  3. ^ "History of the Foodservice Distribution Industry" (PDF). International Foodservice Distributors Association.
  4. ^ Hunt, Rhian (September 27, 2021). "3 Good Reasons This Food Service Company Belongs in Your Portfolio". The Motley Fool. Retrieved October 7, 2021.
  5. ^ "ID NEWS: Pocahontas announces umbrella name, also, new group". Restaurant Business. March 21, 2003. Retrieved October 7, 2021.
  6. ^ Equity Firms Acquiring Food Supplier. Bloomberg, January 19, 2008
  7. ^ Blackstone, Wellspring to acquire Performance Food Group in $1.3bn deal Archived June 11, 2008, at the Wayback Machine. AltAssets, January 18, 2008
  8. ^ Margin, Jonathan Maze in On the (October 2015). "Performance Food Group has a modest IPO". Retrieved May 12, 2016.
  9. ^ "Fortune 500: Performance Food Group". Retrieved October 7, 2021.
  10. ^ Lloyd, Gloria (September 27, 2021). "Historic north riverfront warehouse could be demolished for parking lot expansion". St. Louis Business Journal. Retrieved October 7, 2021.
  11. ^ Performance Food Group Company Completes the Acquisition of Core-Mark. Stockhouse, September 1, 2021
  12. ^ Eby-Brown to Be Acquired by Performance Food Group. CSNews, March 19, 2020
  13. ^ Performance Food Group Completes Acquisition of Reinhart Foodservice. Restaurantinformer, January 1, 2020
  14. ^ Kinney, Jim (October 9, 2009). "STCC honors 6 businesses with induction into Western Massachusetts Entrepreneurship Hall of Fame". MassLive. Retrieved November 29, 2021.
  15. ^ "PFG to acquire SFC-Springfield Foodservice". RestaurantBusinessOnline. July 26, 2001. Retrieved February 7, 2024. Archived February 8, 2024, at the Wayback Machine
[edit]
Wikimedia Commons has media related to Performance Food Group.


Stub icon

This United States manufacturing company–related article is a stub. You can help Wikipedia by expanding it.

Stub icon

This food and/or confectionery corporation or company-related article is a stub. You can help Wikipedia by expanding it.

Hub tags