Performance Food Group

Performance Food Group Company (PFG) (NASDAQ: PFGC) is an American company that was founded in 1885 in Richmond, Virginia by food peddler James Capers.[1] Headquartered in Goochland County, Virginia (just outside Richmond), the company distributes a range of food products, and has more than 14,000 employees.[2] It has three divisions, each catering to specific market segments: Performance Foodservice, Vistar, and PFG Customized.

Performance Food Group, Inc.
Public
Traded asNASDAQ: PFGC
Russell 2000 Component
ISINUS71377A1034 
Founded1885 
Headquarters,
Revenue $17.45 billion (2017)
Websitehttp://pfgc.com

History

Capers' original business grew into Pocahontas Foods.[1] The company became Performance Food Group in 1987.[1] In 2008, the company announced it was to be acquired by Wellspring Capital Management and Blackstone Group for $1.3 billion.[3][4] 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 in 2015.[5]

gollark: Wait, what if we treat passing/failing proposals as a 1D cellular automaton?
gollark: Oh, and also, pass proposal but translated to Latin, pass proposal 3 days ago, pass proposal *in* 6 days, and randomly reassign all rule numbers.
gollark: It may take a little while to do the necessary votes, but it would be ENTIRELY worth it.
gollark: I think we should use instant runoff voting, with the options to choose between being pass proposal, fail proposal, revote proposal but the second most popular option is unavailable, wait 16 hours and then revote, fail proposal but pass its dependents instantly regardless of other rules, crab, pass proposal and next/previous proposals, reclassify proposal as an SCP, pass the proposal but with every second letter removed, pass the proposal but backward, and frog.
gollark: Because I deployed the bees.

References

  1. "More Than 100 Years of Foodservice Excellence". PFG. Retrieved October 9, 2017.
  2. "Performance Food Group". Fortune. Retrieved 2018-11-22.
  3. Equity Firms Acquiring Food Supplier. Bloomberg, January 19, 2008
  4. Blackstone, Wellspring to acquire Performance Food Group in $1.3bn deal Archived 2008-06-11 at the Wayback Machine. AltAssets, January 18, 2008
  5. Margin, Jonathan Maze in On the. "Performance Food Group has a modest IPO". Retrieved 2016-05-12.


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