Founded in 1988 and headquartered in Madrid, Grupo Mediterránea operates in Spain with smaller operations in Portugal, Chile and Peru both in public and private markets.
With annual revenues of approximately €350 million, over 14,700 employees serving more than 265,000 meals per day through +1,700 sites, the company holds a strong position in the Spanish food services market.
With this acquisition, Sodexo will double its footprint and become one of the market leaders in food services in Spain, strengthening its positions in key segments, especially in corporate services, healthcare and education.
Sodexo and Grupo Mediterránea share a common vision around food services excellence and client satisfaction, and have committed to ensure business continuity and a smooth transition for all stakeholders.
Sunil Nayak, Sodexo’s Europe President, commented: “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.”