Mantle Ridge acquired a 10% stake in Aramark.

Activist investor Paul Hilal’s Mantle Ridge acquired a 10% stake in Aramark, an American food service, facilities, and uniform services provider to clients in areas including education, healthcare, business, corrections, and leisure. In addition to Aramark’s common stock, Mantle Ridge owns derivatives, bringing its total economic exposure to roughly 20% of the company. “Aramark is focused on maximizing long-term value for all of our shareholders, and welcomes open communication and constructive dialogue with our shareholders toward that goal,” Aramark said in a statement.