SODEXO (NYSE Euronext Paris FR0000121220 SW; OTC: SDXAY), world leader in Quality of Daily Life Solutions, announced today revenues for the first nine months of Fiscal 2010, which ended on May 31, 2010.
Sodexo (Paris:SW) (OTCBB:SDXAY) announced that it is expanding its fair trade-based hot beverage service offer (tea and coffee), Aspretto, to client sites throughout the world following completion of a successful introductory pilot on 20 sites in five countries. Sodexo will expand the offer to 500 sites around the world by year-end.
Sodexo (PARIS:SW) (OTCBB:SDXAY) announced today that it has acquired a 90% stake in 'Yachts de Paris', one of the best known brand names on the River Seine, for approximately 23 million euro. With this acquisition, Sodexo reinforces its presence at the heart of the French capital, adding to its upscale offer in the Leisure activity managed by Jean-Paul Fontan.
Circles, a leading loyalty services company, announced today that it has agreed to be acquired by Sodexho Alliance, an $18.8 billion multi-national company with a strong presence in North America and globally. Terms of the transaction were not disclosed.
Effective September 1, 2005, Michel Landel will be appointed Chief Executive Officer of Sodexho Alliance. Pierre Bellon will step down as Chief Executive Officer while continuing to serve as Chairman of the Board of Directors.