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Announced

Sodexo to invest in Wedoogift.

Synopsis

Sodexo, a French food services and facilities management company, agreed to invest in Wedoogift, a corporate gift supplier in Paris. Financial terms were not disclosed. "We are delighted with this partnership with Wedoogift, a true French success story. The combination of the creator of the gift voucher with the number one digital start-up in the sector allows to unite Sodexo's experience and expertise with the most comprehensive digital and technological solution on the market. Sodexo is strengthening its strategic position in the market and continuing to digitalize its offerings to provide gift experiences that best meet the expectations of our clients and our users. We are taking a new step in the transformation of the market's business model," François Gaffinel, Benefits and Rewards Services in France CEO.

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