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Announced

Performance Food Group Company to acquire Eby-Brown Company.

Synopsis

Performance Food Group Company, food products retailer, has agreed to acquire Eby-Brown Company, a leading U.S. distributor of pre-packaged candy, snacks, specialty beverages and tobacco products in the convenience industry. Financial terms were not disclosed. This acquisition will allow PFG’s Vistar segment to strategically expand in the fast-growing convenience store channel where there is significant overlap with suppliers and product categories, as well as opportunities to use PFG brands for unique solutions in the prepared/made-to-order foodservice market. “We are excited about Eby-Brown joining the PFG family of companies and adding their customer-centric approach to ours. Their impressive levels of order fulfillment, on-time delivery and ability to adapt to customer needs have helped build their reputation as a premier provider of convenience industry solutions for independent operators and larger retail chains. This acquisition will provide a new, complementary growth opportunity for PFG with incremental revenue synergies in our foodservice platform.” George Holm, PFG Chairman, President & CEO.

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