Paris, January 10e, 2022. Sodexo announces the acquisition of Frontline Food Services (d / b / a Accent Food Services), a major player in the fast-growing convenience market in North America. The closing of the acquisition is subject to the usual regulatory processes; approval is expected in the coming months.
Following the acquisition of the food-tech start-up Foodee and the Nourish.Inc commissary kitchen model in the United States in 2021, and the continued expansion of The Good Eating Company, Sodexo has reached a new milestone major in its food transformation strategy.
With the acquisition of Frontline, Sodexo will expand its multi-channel offering, including click n ‘collect, take-out, delivery, convenience store concepts, micro-markets, self-service pantries, office and smart selling. This latest initiative from Sodexo reflects the acceleration of its “any food, anytime, anywhere” strategy. This B2B2C strategy goes beyond the traditional on-site model and offers multi-channel food offers designed to directly meet the various needs of consumers.
“With the acquisition of Frontline, we can better adjust our offerings quickly – for example, moving from vending to serving coffee to micro-markets seamlessly, as the needs of our customers and their customers change over time. Sodexo’s ability to be agile is essential; this acquisition also allows us to meet this need. “said Sarosh Mistry, president of the North America region of Sodexo.
The acquisition of Frontline by Sodexo not only strengthens the structuring of Sodexo’s food offering in the United States, but also extends its geographic presence in North America. Already well positioned on the hubs of the East and West coasts, this acquisition extends Sodexo’s reach in the Mid-Atlantic, Texas, Arizona, Nevada and more.
Frontline started out as a family-owned vending machine in central Texas. Over the years, the company has grown to become one of the largest independent operators of convenience services in the United States with an operational presence in the Mid Atlantic, Southwest and West Coast. . Frontline offers a full menu of refreshment solutions including vending machines, self-checkout markets, office coffee, pantry and catering to thousands of customers, delivering superior customer service and innovation.
Ken Sullivan, President and CEO of Frontline Food Services, said: “Frontline has been serving Sodexo’s accounts for over a decade and over the years, a solid partnership has been built. Today, we are proud to join the Sodexo family, a group with the ambitious vision to reinvent foodservice across North America. Sodexo and Frontline’s shared passion for creating great consumer experiences through great food, great service and great technology make this acquisition a true victory for the employees and customers of our organization..
About Sodexo
Founded in Marseille in 1966 by Pierre Bellon, Sodexo is the world leader in services that improve Quality of Life, an essential factor in individual and organizational performance. Present in 56 countries, Sodexo serves 100 million consumers every day through its unique combination of on-site services, Benefits & Rewards services, and personal and home services. Sodexo offers its customers an integrated offer developed over more than 50 years of experience: from catering, reception, maintenance and cleaning, to the management of facilities and equipment; services and programs promoting employee engagement with solutions that simplify and optimize their mobility and the management of their expenses, including home assistance, nurseries and concierge services. Sodexo’s success and performance are based on its independence, its sustainable business model and its ability to continuously develop and engage its 412,000 employees around the world. www.sodexo.com
Sodexo is part of the CAC Next 20, CAC 40 ESG, FTSE 4 Good and DJSI indices.
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Contacts
| Group media | American media | |
| Nathalie Lambert +33 6 83 57 35 67 [email protected] |
Dasha ross smith [email protected] |
About Frontline Food Services (d / b / a Accent Food Services)
Frontline Food Services is a leading provider of breakroom and refreshment solutions providing personalized service to thousands of customers in multiple states. We are headquartered in Pflugerville, TX and cover the entire state of Texas, and also operate in the Mid-Atlantic, Southwest, and West Coast.
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