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.
What happened
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
Key facts
- INR 700 crore revenue
- INR 500 crore (prior deal)
Why this matters
PwC-advised Sodexo-Shashi talks reset the India benchmark above INR 500 crore, raising the bar for any rival pursuing roll-up plays in facilities management.