Performance Food Group

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Performance Food Group Company
Company typePublic company
Founded1885; 139 years ago (1885)
HeadquartersRichmond, Virginia, U.S.
Key people
George Holm, Chairman, President & CEO
James Hope, EVP & CFO
RevenueIncrease 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 assetsIncrease US$7.845 Billion (Fiscal Year Ended July 3, 2021)[1]
Total equityIncrease US$2.106 Billion (Fiscal Year Ended July 3, 2021)[1]
Number of employees
22,770 (July 3, 2021)
Websitewww.pfgc.com

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]

History

James Capers' original business which was founded on 1885, grew into Pocahontas Foods.

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

References

  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

External links