30 September 2008 - Sodexo today announced completion of its acquisition of Score Groupe, one of the leading independent providers of foodservices in France.
This transaction has now got all regulatory approvals, including clearance, by the French competition authorities. This business will be consolidated into Sodexo’s financial statements as of October 1st, 2008.
Founded in 1972 by Jean-Marie Paul, Score Groupe was taken over in a leveraged buyout transaction led managed by Abénex Capital in 2004. The company generated revenues of approximately €220 million in 2007 and has 3,900 employees.
With this acquisition, Sodexo reinforces its position in the French foodservices market, which continues to have a strong potential for growth. Score Groupe complements Sodexo’s offer, both in terms of targeted offerings by client segment as well as national geographic scope.