Performance Food Group: A Solid Performance
PFGCPerformance Food pany(PFGC) Seeking Alpha·2024-08-15 23:15
shironosovIn the summer of 2019, I believed that the Performance Food Group (NYSE:PFGC) was performing thanks to dealmaking. The food supplier was playing an active role as consolidator, and after numerous bolt-on deals, it pursued a larger acquisition, that of Reinhart. Since that acquisition, the company has pursued multiple more deals, accompanied by organic growth, all growing the business, also in quality and margins. This has yielded fair returns to investors as the company has grown into its valu ...