Sodexo eyes Shashi Catering buyout in potential largest India contract food services deal
Sodexo is in advanced talks to acquire Gujarat-based Shashi Catering Services, whose five entities clock over INR 700 crore in combined revenue. PwC is advising on what could become India's biggest contract food services and facilities management transaction, eclipsing the prior INR 500 crore benchmark.
Sodexo is in talks to acquire Gujarat-based Shashi Catering Services, whose five entities generate over INR 700 crore in revenue, in what could be India's largest contract food services and facilities management deal. PwC is advising.
Why this matters
Signals Sodexo's intent to consolidate India's fragmented contract catering market via inorganic growth, leveraging Shashi's INR 700 crore revenue base to outpace domestic rivals in food services and FM.
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