Who owns PFD Food Services?

Richard Smith
2019 Australia’s 50 Richest NET WORTH Richard Smith built Melbourne-based PFD Food Services into one of Australia’s two major food distributors. He joined the company in 1959 as a 19-year-old delivery driver and salesman after emigrating from Scotland.

What does PFD stand for in PFD Foods?

Processed Fish Distributors
It was then that Processed Fish Distributors (PFD) began supplying shark and whiting fillets, smoked cod and cooked crayfish throughout the metropolitan area and some regional centers.

What is PFD Food Service?

PFD Food Services delivers a superior range of dry goods, frozen and chilled products, fresh seafood and meat, confectionery, paper products and cleaning solutions.

What company is PFD?

PFD Food Services Pty Ltd
PFD Food Services Pty Ltd is a locally owned private company, deriving revenue from the wholesaling and distribution of food. The company employs approximately 2,700 full-time equivalent staff, operates in Australia, and is administered by its head office in Knoxfield, Victoria.

Why did Woolworths buy PFD?

Woolworths announced its intention to acquire 65 per cent of PFD last August. However, Mr Sims admitted the amalgamation of the two large companies would likely change how the wholesale food distribution industry operates, acknowledging that Woolworths could become a larger and more aggressive player in the space.

Has Woolworths bought PFD?

Woolworths Group Limited (Woolworths) proposes to acquire a 65% shareholding in PFD Food Services Pty Limited (PFD). Both Woolworths and PFD are suppliers and buyers of food and grocery products in Australia. Through its Woolworths supermarkets, Woolworths is one of the largest food and grocery retailers in Australia.

What is PFD short for?

A personal flotation device—also known as a PFD—gives you more buoyancy to help you stay afloat in water. A PFD is an essential piece of gear for every kayaker, canoer and stand up paddle boarder. (Note that a life jacket or life vest denotes a certain type of PFD, though many people use the terms interchangeably.)

Do PFD Foods sell to public?

PFD is Australia’s largest privately-owned foodservice network! We are 100% Australian and have over 70 strategically located sites around the country, employing over 2600 staff.

Is PFD owned by Woolworths?

Woolworths Group Limited (Woolworths) proposes to acquire a 65% shareholding in PFD Food Services Pty Limited (PFD). Both Woolworths and PFD are suppliers and buyers of food and grocery products in Australia. PFD is a privately owned wholesale food distribution business in Australia.

Has PFD been sold?

Supermarkets giant Woolworths is upping its presence in the $18 billion food distribution and services market. The company has agreed to buy a 65 per cent stake in family owned PFD Food Services, in a landmark transaction for chief executive Brad Banducci.