Performance Food Group Co.
Performance Food Group Completes Acquisition of Cheney Bros.
Summary
On October 8, 2024, Performance Food Group Company completed its acquisition of Cheney Bros., Inc. for $2.095 billion in cash, subject to adjustments. This Form 8-K/A filing includes the audited consolidated financial statements of Cheney Bros. and its subsidiaries as of and for the year ended May 31, 2024, the unaudited condensed consolidated financial statements as of and for the three months ended August 31, 2024, and the unaudited pro forma condensed combined financial statements giving effect to the acquisition. The pro forma financial information is not necessarily indicative of the combined company's actual future financial position or results of operations.
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Exhibits (4)
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About Performance Food Group Co.
Performance Food Group Co. is a leading foodservice distribution company that supplies a vast array of food products, beverages, and related goods to a diverse array of customers across the United States. Its primary function is to deliver high-quality food supplies and logistics solutions to restaurants, healthcare facilities, cafeterias, and hospitality venues. With an extensive portfolio of top-tier brands and private label offerings, Performance Food Group Co. plays a crucial role in the supply chain of the foodservice industry. Key features of the company include its expansive distribution network, innovative technology to enhance supply chain efficiencies, and a strong focus on customer service. The company impacts sectors such as dining, catering, and institutional meal services, ensuring that clients receive timely and reliable product deliveries. Performance Food Group Co.'s market significance is underscored by its ability to adapt to consumer preferences and industry demands, making it a vital component of the food distribution landscape. The company's operations promote seamless transitions of food products from manufacturers to end-users, thus supporting the sustainability and growth of the foodservice market.
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