Performance Food Group division to buy Liberty Distribution Company
- June 13, 2012
Vistar, a division of Performance Food Group is purchasing Arizona-based Liberty Distribution Company LLC.
Vistar is expected to complete the transaction by the end of June.
Liberty is a distributor of candy, snacks and beverages with 150 employees at locations in Chandler, Ariz.; Mechanicsburg, Pa.; and Memphis.
Patrick Hagerty, president and CEO of Vistar, said: “We have long admired Liberty. They pioneered the availability of candy and snacks to nonperishable retailers. This category is now common place in retail industries where it was virtually unknown just 15 years ago. We are excited to be adding the entrepreneurial spirit of Liberty’s management team and we are confident that they will be instrumental in helping Vistar meet its long term growth strategy.”
Richmond-based Performance Food Group has three food service distribution divisions that deliver more than 94,000 branded food and food-related products to more than 115,000 restaurants, health-care facilities and other institutions.