Can the public buy from PFD Foods?

With a recent surge in bulk buying across Australia (aka toilet paper-gate), it’s bound to be welcome news that major Australian food wholesaler PFD Food Services are now selling direct to the public — and savvy consumers can save big bucks.

What does PFD Foods stand for?

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.

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.

How many PFD branches are there in Australia?

70 branches
JOIN AUSTRALIA’S LARGEST FAMILY Operated Foodservices COMPANY. Established in 1943, the PFD Food Services family consists of over 3,000 employees located in over 70 branches across metropolitan and regional Australia.

Does Woolworths own PFD?

The acquisition will result in Woolworths owning 65 per cent of PFD, with the remaining 35 per cent being held by the Smith family. The acquisition also gives Woolworths the right to acquire the remaining 35 per cent.

How much did PFD sell for?

The competition watchdog will not oppose Woolworths’ $550 million acquisition of food services company PFD after chair Rod Sims said the regulator was unable to find enough evidence to prove the deal would lessen competition.

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. Through its Woolworths supermarkets, Woolworths is one of the largest food and grocery retailers in Australia.

Did Woolworths buy PFD?

Summary. 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.

Who is PFD?

PFD is a privately owned wholesale food distribution business in Australia. It supplies and delivers an extensive range of fresh, frozen and dry goods to business customers across Australia.

How much did Woolworths pay for PFD?

“ Woolworths originally agreed to pay the founding Smith family $552 million for a 65 per cent stake in PFD and $249 million for its portfolio of freehold properties, including 26 distribution centres.