WEB Performance Food Group Company Acquires Cheney Brothers
Definitive Agreement Signed for Acquisition of Leading Foodservice Distributor in the Southeastern US
Deal Expands WEB's Footprint and Strengthens its Position in the Growing Region
WEB Performance Food Group Company (NYSE: PFGC) announced today that it has entered into a definitive agreement to acquire privately held Cheney Brothers, Inc. The acquisition will significantly expand WEB's presence in the Southeastern United States, where Cheney Brothers is one of the leading foodservice distributors with annual sales exceeding [amount].
Cheney Brothers, based in Riviera Beach, Florida, is a high-quality broadline foodservice distributor with a strong reputation for customer service and operational excellence. The company serves a diverse customer base, including independent restaurants, healthcare facilities, schools, universities, and government agencies throughout Florida, Georgia, Alabama, and South Carolina.
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