Announced
Financials
Sources
Tags
Pending
China
catering services
Vending and Catering Service
Acquisition
Cross Border
Majority
Private
Friendly
Single Bidder
Synopsis
Sodexo, a French food services and facilities management company, agreed to acquire contract catering businesses in China from Compass Group, a British multinational contract foodservice company. Financial terms were not disclosed. "This agreement is a strategic move for Sodexo to enhance its footprint in Food Services in Mainland China, reinforcing Sodexo’s strong and continuing commitment to the China market," Sodexo.
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