Performance Food Group Co.
Performance Food Group Enters into Clean Team Agreement with US Foods
Summary
On September 15, 2025, Performance Food Group Company entered into a clean team agreement with US Foods Holding Corp. to evaluate regulatory considerations and synergies related to a potential business combination. The agreement involves sharing of non-public, confidential, and proprietary information through a group of independent experts. There is no assurance that this information sharing will lead to a transaction, and the companies intend to maintain confidentiality unless a definitive agreement is reached or discussions are terminated.
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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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