Regulatory News:
Sodexo (Paris:SW)(OTCBB:SDXAY) completed today the acquisition of the
French company Lenôtre, following approval by competition authorities.
Created in 1947, Lenôtre symbolizes the elegance and rigor of French
luxury goods, embodied by its upscale gastronomy business: its
boutiques, its reception and events activity as well as its three-star
restaurant, Le Pré-Catelan.
Through this acquisition, Sodexo will develop its portfolio of Prestige
activities in France and internationally and further develop its
expertise in luxury gastronomy, enhancing its offering to clients.
Patrick Scicard, Chairman of Lenôtre’s Management Board since 1995, will
continue to direct the company, working with his existing team.
About Sodexo
Sodexo, world leader in Quality of Daily Life Solutions
Quality of Life plays an important role in the progress of individuals
and the performance of organizations. Based on this conviction, Sodexo
acts as the strategic partner for companies and institutions that place
a premium on performance and employee well-being, as it has since Pierre
Bellon founded the company in 1966. Sharing the same passion for
service, Sodexo’s 380,000 employees in 80 countries design, manage and
deliver an unrivaled array of On-site Service Solutions and Motivation
Solutions. Sodexo has created a new form of service business that
contributes to the fulfillment of its employees and the economic, social
and environmental development of the communities, regions and countries
in which it operates.
Key figures (as of August 31, 2010)
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15.3 billion euro consolidated revenue
380,000 employees
21st largest
employer worldwide
80 countries
34,000 sites
50 million consumers served daily
7.8 billion euro market capitalization (as of September 22,
2011)
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