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Sodexo announces Swiss acquisition

Sodexo has acquired Swiss catering business, Novae Restauration.

Founded in 2003, Novae Restauration is an independent player in high-end catering services for French-speaking Switzerland, with 700 employees serving a network of over 80 prestigious client sites.

The acquisition significantly expands Sodexo’s footprint in the attractive Swiss market, with Novae Restauration’s high-end positioning matching current trends and market demand. The caterers’ unique and responsible sourcing ecosystem delivers premium products through a network of local producers, farmers and distributors. Novae Restauration’s daily menus include 80 per cent fresh ingredients with at least 50 per cent of local products (from within a 200km radius).

Novae Restauration and Sodexo Switzerland have complementary client portfolios and offers: Novae Restauration’s comprehensive offer of premium catering services complements Sodexo Switzerland’s position as a facilities management provider on the German Swiss market, providing the opportunity to develop a fully integrated services offer. There is strong potential for commercial synergies for the combined entity in terms of cross-selling and development across German and French speaking markets.

Denis Machuel, Sodexo Group CEO said: “I am pleased to welcome the Novae Restauration team to Sodexo. Novae Restauration has built an admirable reputation locally, based on values and experiences that are aligned with Sodexo’s. Food is at the heart of our Quality of Life solutions for clients and consumers, and we are proud to sustainably grow our business in Switzerland with a partner committed to delivering personalised, healthy and innovative premium food services.”

Novae Restauration will continue to operate under its name and its operational management team will stay with the business to drive future growth, particularly in the corporate, institutional and education sectors, under the leadership of Christian Volmerange from Sodexo, who is appointed Managing Director for Novae Restauration, effective immediately. He will be supported by Novae Restauration’s CEO, Maxime Ballanfat, during the next six months.

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