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Daily Newsletter

26 July 2023

Daily Newsletter

26 July 2023

French foodservices company Sodexo acquires AH Management in US

The deal will also allow Sodexo to extend the offerings of its convenience business arm in the North American convenience market.

Umesh Ellichipuram July 25 2023

French foodservices and facilities management company Sodexo has announced the acquisition of US-based AH Management, which specialises in office coffee and corporate dining services.

The companies have not divulged the financial details of the deal.

As one of the largest convenience solutions operators in the Mid-West region, AH offers corporate dining amenities, which include micro-markets, vending machines and coffee service.

Sodexo noted that the deal will also allow it to extend the offerings of its convenience business arm InReach in the market.

InReach’s offerings include micro markets, vending, office coffee, pantry, water, catering, fresh food and on-site foodservices.

Sodexo North America CEO Sarosh Mistry said: “The acquisition of AH Management is the next step in enhancing Sodexo’s multimarket convenience solution, InReach, in North America.

“It will help us complement our current solutions and further address ever-evolving clients’ and consumers’ expectations to deliver on our ambition to become the leader in sustainable food and valued experiences.”

The transaction is expected to close in the coming months.

AH Management president and CEO Mark and Craig Hesch said: “We are very excited about joining Sodexo's InReach.

“We share the same values, culture and objectives whether for our employees, our clients with attention to consumer benefit in order to offer a high value-added break experience. We look forward to playing a vital role in InReach's success.”

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