Reinhart Foodservice Expanding in Westmoreland County
The company plans to build a 155,000-square-foot addition to its current 169,000-square-foot facility. The project will create 24 positions. …
The company plans to build a 155,000-square-foot addition to its current 169,000-square-foot facility. The project will create 24 positions. …
Reyes Holdings, L.L.C. has closed on the sale of Reinhart Foodservice, L.L.C. to Performance Food Group Company (PFG), headquartered in Richmond, Virginia, positioning both companies for continued success and expanded opportunities moving forward. …
With the close of the transaction, PFG is now positioned as one of the largest distributors in the U.S., with approximately $ 30 billion in annual net revenue and nearly 25,000 talented associates. …
“We are pleased to receive FTC approval to move forward with our acquisition of Reinhart Foodservice,” said George Holm, PFG Chairman, President & CEO. “This transaction builds upon our strong distribution platform and will provide us with greater overall scale and a diverse customer base, including independent customers.” …
Performance Food Group Company (“PFG”) (NYSE: PFGC) today announced it has entered into a definitive agreement to acquire Reinhart Foodservice, L.L.C (“Reinhart”) from Reyes Holdings, L.L.C. in a transaction valued at $2.0 billion, or approximately $1.7 billion net of an estimated tax benefit to PFG of approximately $265 million. …
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