Sodexo in advanced talks to acquire Gujarat's Shashi Catering in India's largest food services deal
Sodexo is negotiating to buy Shashi Catering Services, whose five entities generate over Rs 700 crore in revenue. The acquisition would mark India's largest contract food services deal, sharpening Sodexo's edge against Compass Group and RK Hospitality in institutional catering and facilities management.
Sodexo is in advanced talks to acquire Gujarat-based Shashi Catering Services, whose five entities post over Rs 700 crore revenue. The deal would be India's largest contract food services acquisition, strengthening Sodexo against Compass Group in institutional catering and facilities management.
Why this matters
Multiple recent signals point to Sodexo's accelerating M&A push in India, with the Shashi Catering buyout consistently flagged as a potential record-setting deal in contract food services.
Retail-company activity holding steady with 3,132 signals tracked over the last 90 days.