Title: Performance Food Group Acquires Cheney Bros to Strengthen Market Presence in the Southeast
In a strategic move to expand its reach in the Southeast region, Performance Food Group has recently acquired Cheney Bros. This acquisition is set to enhance Performance Food Group’s market presence and strengthen its position as a leading player in the food distribution industry.
Cheney Bros, a well-established food distributor in the Southeast, brings with it a strong customer base and extensive distribution network. By joining forces with Cheney Bros, Performance Food Group aims to tap into new markets and deliver a wider range of products to its customers in the region.
This acquisition is part of Performance Food Group’s growth strategy to broaden its geographic footprint and enhance its operational capabilities. With the addition of Cheney Bros, Performance Food Group is poised to further solidify its position as a key player in the food distribution industry.
In conclusion, Performance Food Group’s acquisition of Cheney Bros is a significant development that will have a positive impact on its business and market presence in the Southeast. This move is set to benefit both companies and their customers, as it will enable Performance Food Group to offer a more diverse range of products and services to the region. It is a strategic move that is expected to drive growth and create new opportunities for both companies in the highly competitive food distribution industry.