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020730 Performance Food Group Acquires Middendorf

July 14, 2002

Richmond, VA - Performance Food Group announced that has completed the acquisition of Middendorf Meat Co., a privately-owned broadline foodservice distributor specializing in custom-cut steaks based in St. Louis, Mo.

Middendorf generates annual sales of approximately $100 million, about half of which is represented by the distribution of custom-cut steaks. The company's customers include independent restaurants, private clubs, hotels and other prominent foodservice establishments in St. Louis and surrounding areas. Performance Food Group reported sales for 2001 of $3.2 billion.

Performance Food Group markets and distributes more than 44,000 national and private label food and food-related products to approximately 33,000 restaurants, hotels, cafeterias, schools, healthcare facilities and other institutions.

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