Performance Food Group Company
 | |
| Public company | |
| Traded as | |
| ISIN | 🆔 |
| Founded 📆 | 1885 |
| Founder 👔 | |
| Headquarters 🏙️ | Richmond, Virginia, U.S. |
Area served 🗺️ | |
Key people | George Holm, Chairman, President & CEO James Hope, EVP & CFO |
| Revenue🤑 |  US$30.398 Billion (Fiscal Year Ended July 3, 2021)[1] |
| US$200.7 Million (Fiscal Year Ended July 3, 2021)[1] | |
| US$40.7 Million (Fiscal Year Ended July 3, 2021)[1] | |
| Total assets | US$7.845 Billion (Fiscal Year Ended July 3, 2021)[1] |
| Total equity | US$2.106 Billion (Fiscal Year Ended July 3, 2021)[1] |
| Members | |
Number of employees | 22,770 (July 3, 2021) |
| 🌐 Website | pfgc |
| 📇 Address | |
| 📞 telephone | |
Performance Food Group Company (PFG) is an American company that was founded in 1885 in Richmond, Virginia, by food peddler James Capers.[2] Headquartered in Goochland County, Virginia (just outside Richmond), the company distributes a range of food products, and has more than 14,000 employees.[3] It has three divisions, each catering to specific market segments: Performance Foodservice, Vistar, and PFG Customized.
History[edit]
James Capers' original business which was founded on 1885, grew into Pocahontas Foods.[2] 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.[4][5] 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.[6] The company is also a Fortune 500 company, which currently ranked at 114 as of 2021.[7]
Acquisition[edit]
References[edit]
- ↑ 1.0 1.1 1.2 1.3 1.4 "Performance Food Group Company 2021 Annual Report" (PDF). pfgc.com. July 3, 2021. Retrieved October 6, 2021.
- ↑ 2.0 2.1 2.2 "More Than 100 Years of Foodservice Excellence". PFG. Retrieved October 9, 2017.
- ↑ "Performance Food Group". Fortune. Retrieved November 22, 2018.
- ↑ 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
- ↑ Margin, Jonathan Maze in On the. "Performance Food Group has a modest IPO". Retrieved May 12, 2016.
- ↑ "Fortune 500: Performance Food Group". Retrieved October 7, 2021.
- ↑ 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
External links[edit]
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- Companies based in Richmond, Virginia
- Catering and food service companies of the United States
- Companies listed on the New York Stock Exchange
- Food and drink companies established in 1885
- 2015 initial public offerings
- 1885 establishments in Virginia
- United States manufacturing company stubs
- Food company stubs
