Sodexo is set to acquire CRH Catering, a convenience solutions provider in the Mid-Atlantic region.

The move will enhance Sodexo's InReach offerings and and strengthens its position in the $30 billion US convenience market.

The acquisition will boost Sodexo's East Coast operations, adding services like micro markets, vending, office coffee, pantry, fresh food and on-site food services. CRH Catering's commissary will help improve coordination between off-site production and convenience services in key Northeast and Mid-Atlantic areas, supporting Sodexo's goal to achieve $500 million in revenue from InReach by the end of 2025.

This acquisition is part of Sodexo's strategy to meet changing consumer demands for grab-and-go fresh food and healthier options.

Sarosh Mistry, CEO of Sodexo North America, said: “The acquisition of CRH Catering represents a significant step in our growth plans by expanding InReach’s retail offerings in the US. It reflects our ambition to become a leader in on-site convenience solutions."

"With this deal, we’ll be able to rapidly expand our presence in the Northeast and Mid-Atlantic markets to further meet the growing demand that clients and consumers are showing in innovative retail options. We look forward to welcoming and working closely with CRH Catering, a company with an outstanding reputation and a world class team. We expect this to be a great fit culturally and to be able to seamlessly transition the business in the coming months”

Joe and Peter Cordaro, president and VP of CRH Catering, added: “We are thrilled to join Sodexo and contribute to InReach expansion. As a family-owned company, we share the same values, culture and passion for service excellence. We are proud to bring our technologies and expertise to deliver high-value consumer experiences across North America.”

The acquisition is expected to close in the first half of fiscal 2025.

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