Aramark Plans to Buy Avendra and AmeriPride in Separate Deals Totaling $2.35B
SEAFOODNEWS.COM USA TODAY] by Kevin McCoy - October 17, 2017
Food-services giant Aramark on Monday said it is buying private companies Avendra LLC and AmeriPride Services for $2.35 billion in separate deals aimed at strengthening the company's competitive position.
The deals represent the largest acquisitions for Aramark since the Philadelphia-based company in 2013 made its third debut as a publicly traded company.
The announcement by Aramark (ARMK) said the company has reached a $1.35 billion deal to buy Avendra, a Maryland-based hospitality procurement services provider founded in...
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