Performance Food Group Priced, NYSE: PFGC

Third-largest US foodservice distributor LBO'd by Blackstone.

Industry: Consumer Staples

Latest Trade: $28.40 0.00 (0.0%)

First Day Return: +1.1%

Return from IPO: +49.5%

Industry: Consumer Staples

We market and distribute approximately 150,000 food and food-related products to customers across the United States from 68 distribution facilities. We serve over 150,000 customer locations in the “food-away-from-home” industry. We offer our customers a broad assortment of products including our proprietary-branded products, nationally-branded products, and products bearing our customers’ brands. Our product assortment ranges from “center-of-the-plate” items (such as beef, pork, poultry, and seafood), frozen foods, and groceries to candy, snacks, and beverages. We also sell disposables, cleaning and kitchen supplies, and related products used by our customers. In addition to the products we offer to our customers, we provide value-added services by allowing our customers to benefit from our industry knowledge, scale, and expertise in the areas of product selection and procurement, menu development, and operational strategy.
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IPO News for Performance Food Group
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IPO Data
IPO File Date 09/09/2014
Offer Price $19.00
Price Range $22.00 - $25.00
Offer Shares (mm) 14.5
Deal Size ($mm) $276
IPO Data
IPO Date 09/30/2015
Offer Price $19.00
Price Range $22.00 - $25.00
Offer Shares (mm) 14.5
Deal Size ($mm) $276
Underwriters
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Company Data
Headquarters Richmond, VA
Founded 1875
Employees 12,000
Website www.pfgc.com