Performance Food Group
American food distribution company
title: "Performance Food Group" type: doc version: 1 created: 2026-02-28 author: "Wikipedia contributors" status: active scope: public tags: ["1885-establishments-in-virginia", "2015-initial-public-offerings", "catering-and-food-service-companies-of-the-united-states", "companies-based-in-richmond,-virginia", "companies-in-the-s&p-400", "companies-listed-on-the-new-york-stock-exchange", "food-and-drink-companies-established-in-1885"] description: "American food distribution company" topic_path: "geography/united-states" source: "https://en.wikipedia.org/wiki/Performance_Food_Group" license: "CC BY-SA 4.0" wikipedia_page_id: 0 wikipedia_revision_id: 0
::summary American food distribution company ::
::data[format=table title="Infobox company"]
| Field | Value |
|---|---|
| name | Performance Food Group Company |
| logo | Performance Food Group logo.svg |
| type | Public |
| traded_as | |
| founded | |
| hq_location | Richmond, Virginia, U.S. |
| key_people | George Holm (chairman, president & CEO) |
| James Hope (EVP & CFO) | |
| products | Prepackaged meals and frozen foods, fresh produce |
| services | Foodservice distributor |
| revenue | (2025) |
| operating_income | US$816 million (2025) |
| net_income | US$340 million (2025) |
| assets | US$17.881 billion (2025) |
| equity | US$4.472 billion (2025) |
| num_employees | 43,000 (2025) |
| website | |
| footnotes | |
| :: |
| name = Performance Food Group Company | logo = Performance Food Group logo.svg | type = Public | traded_as = | founded = | hq_location = Richmond, Virginia, U.S. | key_people = George Holm (chairman, president & CEO) James Hope (EVP & CFO) | products = Prepackaged meals and frozen foods, fresh produce | production = | services = Foodservice distributor | revenue = (2025) | operating_income = US$816 million (2025) | net_income = US$340 million (2025) | assets = US$17.881 billion (2025) | equity = US$4.472 billion (2025) | num_employees = 43,000 (2025) | website = | footnotes =
Performance Food Group Company (PFG) is an American food service distributor. It is the third-largest food service distributor in the U.S., after Sysco and US Foods. The company supplies 250,000 products to 300,000 locations including independent restaurants, chain restaurants, healthcare, hospitality, and educational institutions. It has 155 distribution centers.
It has three divisions: Foodservice, which distributes food products to restaurants (53% of 2025 revenues); Convenience, which distributes food products to convenience and grocery stores (39% of 2025 revenues); and Specialty, which distributes candy, snacks, and beverages (8% of 2025 revenues).
The company is ranked 80th on the Fortune 500 and 1129th on the Forbes Global 2000.
History
The company traces its roots to a business founded by James Capers in 1885 in Richmond, Virginia. It later became Pocahontas Foods.
The company became Performance Food Group in 1987.
In 2008, the company was acquired by investment funds managed by Wellspring Capital Management and Blackstone Inc. for $1.3 billion and it was merged with Vistar and Roma Foods.
In October 2015, the company became a public company via an initial public offering.
In May 2017, Blackstone sold its remaining stake in the company.
Acquisitions
::data[format=table]
| # | Year | Company | Description | Ref(s). |
|---|---|---|---|---|
| 1 | Springfield Foodservice Corp. | Price was $85 million | ||
| 2 | Eby-Brown | |||
| 3 | Reinhart Foodservice | Price was $2 billion; seller was Reyes Holdings | ||
| 4 | Core-Mark | Price was $2.5 billion | ||
| 5 | Cheney Brothers | Price was $2.1 billion in cash | ||
| :: |
References
References
- (August 13, 2025). "Performance Food Group Company 2025 Form 10-K Annual Report". [[U.S. Securities and Exchange Commission]].
- "Fortune 500: Performance Food Group". [[Fortune (magazine).
- "Forbes: Performance Food Group". [[Forbes]].
- (March 21, 2003). "ID NEWS: Pocahontas announces umbrella name, also, new group". Restaurant Business.
- (April 29, 2002). "Going to Extremes". [[U.S. Securities and Exchange Commission]].
- (January 19, 2008). "Equity Firms Acquiring Food Supplier". [[The New York Times]].
- Maze, Jonathan. (October 1, 2015). "Performance Food Group has a modest IPO". [[Nation's Restaurant News]].
- (May 18, 2017). "Blackstone Successfully Exits Performance Food Group Company with $388 Million Secondary Offering". [[Simpson Thacher & Bartlett]].
- (July 27, 2001). "COMPANY NEWS; PERFORMANCE FOOD IS BUYING Springfield Foodservice". [[The New York Times]].
- (July 23, 2001). "Performance Food to buy Springfield Foodservice for $85 million". [[American City Business Journals]].
- (May 8, 2019). "Performance Food Group Company Reports Third-Quarter and First-Nine Months Fiscal 2019 Results". [[U.S. Securities and Exchange Commission]].
- Forde, Morgan. (July 2, 2019). "Distributor Performance Food Group to acquire Reinhart Foodservice for $2B". [[Industry Dive]].
- Paramasivam, Praveen. (May 18, 2021). "Performance Food Group to buy peer Core-Mark in $2.5 billion deal". [[Reuters]].
- (August 14, 2024). "Performance Food to buy foodservice distributor Cheney Bros for $2.1 bln". [[Reuters]].
::callout[type=info title="Wikipedia Source"] This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page. ::