UPDATE 2-Performance Food to buy rival food distributor Reinhart for $2 bln
30 Jun UPDATE 2-Performance Food to buy rival food distributor Reinhart for $2 bln
Posted at 16:43h
in
News
by KMFSLLP
Performance Food Group Co said
on Monday it would buy privately held rival Reinhart Foodservice
LLC for $2 billion, as the distributor of goods to restaurants
seeks scale to counter rising transportation costs that have
pressured the industry.
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