Sodexo in talks to buy Gujarat's Shashi Catering in potential largest India food services deal
Sodexo is negotiating to acquire Shashi Catering Services, a Gujarat-based contract caterer. Combined revenue would exceed ₹700 crore, surpassing its earlier ₹500 crore RKHS buy and intensifying the contest with Compass Group for India's institutional food and facilities management market.
What happened
Sodexo is in talks to acquire Gujarat-based Shashi Catering Services, with combined revenue exceeding ₹700 crore, in what could be India's largest contract food
Key facts
- ₹700 crore revenue
- ₹500 crore (prior RKHS deal)
Why this matters
Mid-sized regional caterers like Shashi are now strategic bolt-ons—deal pipelines should prioritize Tier-2 city operators before Compass and Sodexo lock up remaining targets.