Performance Food Group Company (PFG or the company) (NYSE: PFGC) today announced several updates on actions it has taken during the novel coronavirus pandemic (COVID-19). …
With the close of the transaction, PFG is now positioned as one of the largest distributors in the U.S., with approximately $ 30 billion in annual net revenue and nearly 25,000 talented associates. …
“We are pleased to receive FTC approval to move forward with our acquisition of Reinhart Foodservice,” said George Holm, PFG Chairman, President & CEO. “This transaction builds upon our strong distribution platform and will provide us with greater overall scale and a diverse customer base, including independent customers.” …
Nearly 93 percent of all consumers are more likely to be loyal to a brand when it commits to full transparency, according to a 2017 Label Insights study from the Food Marketing Institute1. The survey also revealed 74 percent of consumers would switch from the brands they usually buy to ones that provide more in-depth product information beyond the physical packaging. …
Performance Food Group Company announced today that it has signed a definitive agreement to acquire Eby-Brown Company LLC (“Eby-Brown”), a leading U.S. distributor of pre-packaged candy, snacks, specialty beverages and tobacco products in the convenience industry. …
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