The move comes less than one month after Richmond, Va.-based PFG and US Foods called off talks for a planned merger that would have reshaped the food service carrier arena.
December 19, 2025BusinessLogistics
Trucking M&A to Increase in 2026 Due to Fed Rate Cuts: PwC
The assessment from PwC analysts came after a 2025 that already saw buyers focused on subsectors offering defensible growth, operating efficiency and exposure to high-barrier markets.
December 17, 2025BusinessPrivateTop 100
Performance Food Group, US Foods Call Off Merger Talks
The combined entity would have leapfrogged Sysco at the top of the food service carrier table — serving restaurants, corporate offices, convenience stores, gas stations and truck stops.
November 24, 2025BusinessLogisticsPrivate
Performance Food Adds Activist Investor Amid Takeover Talks
Scott Ferguson, founder of Sachem Head Capital Management, is joining the Performance Food board as talks with US Foods continue.
September 24, 2025BusinessLogisticsPrivate
Performance Food, US Foods Agree to Evaluate Possible Deal
The companies will evaluate regulatory issues and cost savings of a deal, according to a statement. The accord doesn’t assure a transaction will be proposed.
September 16, 2025BusinessLogisticsPrivate
Performance Food Sees ‘No Basis’ to Engage With US Foods
Last week, US Foods urged Performance Food to accept its invitation to explore a merger.
August 13, 2025