Food Industry
Industry: Email Alert RSS FeedAramark, a world leader in managed services, today announced it has acquired Restauracion Colectiva and Rescot, a food service company based in Zaragoza, Spain
Food & Drink Weekly, Sept 29, 2003
Aramark, a world leader in managed services, today announced it has acquired Restauracion Colectiva and Rescot, a food service company based in Zaragoza, Spain. Restauracion Colectiva and Rescot, which provides food service to schools, healthcare facilities and businesses, had revenues of approximately $25 million (22 million euros) in fiscal year 2002.
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Aramark's agreement to acquire Restauracion Colectiva and Rescot's operations continues the company's commitment to expanding its international portfolio of clients through strategic acquisitions. Over the past three years, Aramark has made acquisitions in Europe, Latin America and Japan as part of its plan to expand its presence in targeted international markets.
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