Performance Food Group
Encyclopedia
Performance Food Group Company (PFGC) is a company that was founded in 1875. Headquartered in Richmond
, Virginia
, United States
, the company distributes
a range of food
products.
In 2008, the company announced it was to be acquired by Wellspring Capital Management
and The Blackstone Group for $1.3 billion. 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.
Richmond, Virginia
Richmond is the capital of the Commonwealth of Virginia, in the United States. It is an independent city and not part of any county. Richmond is the center of the Richmond Metropolitan Statistical Area and the Greater Richmond area...
, Virginia
Virginia
The Commonwealth of Virginia , is a U.S. state on the Atlantic Coast of the Southern United States. Virginia is nicknamed the "Old Dominion" and sometimes the "Mother of Presidents" after the eight U.S. presidents born there...
, United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
, the company distributes
Foodservice distributor
A foodservice distributor is a company that provides food and non-food products to restaurants, cafeterias, industrial caterers, hospitals and nursing homes....
a range of food
Food
Food is any substance consumed to provide nutritional support for the body. It is usually of plant or animal origin, and contains essential nutrients, such as carbohydrates, fats, proteins, vitamins, or minerals...
products.
In 2008, the company announced it was to be acquired by Wellspring Capital Management
Wellspring Capital Management
Wellspring Capital Management is a private equity firm focused on leveraged buyout investments in middle-market companies across a range of industries....
and The Blackstone Group for $1.3 billion. 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.