Sodexo to acquire Mediterránea from Portobello Capital.

Sodexo, a food service and facilities management company, agreed to acquire Mediterránea, one of Spain’s leading companies in the food service industry, from Portobello Capital, an independent mid-market private equity manager in Iberia. Financial terms were not disclosed. “This acquisition reflects our long-term strategy to lead in food services and valued experiences and boosts our capabilities in our key markets. We are excited to continue to grow and consolidate our strategic position in Spain, a high-potential market. We are eager to work with the talented Grupo Mediterránea’s teams, while continuing to invest in capabilities that drive sustainable growth and create value for all our stakeholders,” Sunil Nayak, Sodexo Europe President.