<p style="text-indent:0px; line-height:12px;"><span style="font-weight:bold;">Richmond, VA-</span><hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding">By Jordan Okumura<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding">12.20.12</p><hr class="legacyRuler"><hr class="invisible minimal-padding"><p>Performance Food Group, Inc. has entered into an agreement to acquire Fox River Foods, Inc. The transaction is slated to close before the end of 2012. Fox River Foods is an independently owned broadline foodservice distribution company serving customers in seven states throughout the Upper Midwest that include fine dining establishments, family restaurants, schools, health care facilities, child care centers, hotels and concessionaires.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding">“The addition of Fox River Foods will significantly strengthen our position in the region and in several key metropolitan areas, particularly Chicago,” said George Holm, PFG President and CEO. “This acquisition supports our strategic growth plans and will offer added value to existing Performance Foodservice and Fox River Foods customers.”<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding">Based in Montgomery, Illinois, Fox River Foods boasts recent warehouse expansions that have increased its storage capacity to 326,000 square feet, including dry, refrigerated and frozen storage areas.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding">"Fox River has earned a reputation as one of the fastest-growing and best independent distributors in the country,” said Mac Pearce, Executive Vice President of PFG. “Their growth in recent years during this difficult economic climate is a testament to the ability, dedication and commitment of its associates. We look forward to welcoming those associates to the PFG family and integrating the Fox River operations with ours.”<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding"><a class="btn btn-sm btn-primary col-lg-12" style="white-space: normal;" href="http://www.pfgc.com/Pages/default.aspx" target="_new">Performance Food Group</a></p><hr class="legacyRuler"><hr class="invisible minimal-padding">
