Receive our newsletter – data, insights and analysis delivered to you
  1. News
December 8, 2021

Aramark to pick stake in US multi-concept operator Starr Restaurants

The collaboration will facilitate knowledge sharing between culinary teams.

Philadelphia, US-based food service, facilities and uniform services provider Aramark has agreed to buy a minority stake in the local firm Starr Restaurant Organization (Starr Restaurants).

The move is part of a strategic alliance between the two firms.

The tie-up with Starr Restaurants, a multi-concept operator, is expected to support culinary innovation as well as enhance the hospitality experience for Aramark customers.

It is also expected to create joint business development opportunities for both companies.

Aramark US food and facilities chief operating officer Marc Bruno said: “Aramark and Starr Restaurants are both rooted in a passion for service and in providing unforgettable experiences for our clients and customers.

“Through this strategic collaboration, we look forward to furthering Aramark’s culinary authority by infusing our kitchens and concepts with the creativity and innovation that Starr Restaurants is famous for.”

Content from our partners
The rise and rise of specialty instant coffee
Future-proofing food packaging

Additionally, the partnership will enable Aramark to run designated Starr Restaurants concepts and brands through an exclusive licensing agreement.

This arrangement is expected to help Starr Restaurants gain better exposure through Aramark’s client network, which includes business dining, sports and entertainment, and higher education.

The deal with Starr Restaurants forms part of Aramark’s growth strategy to develop strategic relationships and improve customer experience.

It will also create scope for knowledge sharing between culinary teams and senior leadership.

Starr Restaurant Organization founder and CEO Stephen Starr said: “This collaboration is a unique opportunity for both Starr Restaurants and Aramark. It is an exciting opportunity to converge my two career passions alongside an industry leader like Aramark.

“The company’s impressive and consistent growth and its deep commitment to providing high-quality hospitality experiences makes it the perfect food service company partner for Starr Restaurants.”

In another recent development, delivery kitchen operator Reef Technology purchased 2ndKitchen, which is a virtual kitchen for hotels and other hospitality companies.

Under the agreement, the existing businesses of the two firms will be consolidated under the Reef brand and operate under Reef’s Hospitality unit.

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU