Performance Food Group completed the acquisition of Core-Mark Holding for $2.5bn.

Performance Food Group, a food distributor and supplier, completed the acquisition of Core-Mark Holding, which distributes fresh, chilled and frozen merchandise mainly to convenience stores in the United States, for $2.5bn. “We are very pleased to close this acquisition and welcome Core-Mark’s many talented associates to PFG. Core-Mark has proven itself to be a leader in convenience distribution and we are thrilled to add their leadership strength to the strong senior talent already driving PFG’s success in the foodservice and convenience distribution industries. We are excited to begin the integration process and start to service Core-Mark’s customers with the combined suite of brands. By adding PFG’s food and foodservice capabilities to Core-Mark’s solid platform, we expect to quickly begin to unlock the transaction value," George Holm, PFG Chairman, President and CEO.