By Andrea Figueras
Halifax Group, a U.S. private investment firm, has recently announced its agreement to acquire Sodexo's global home-care division. The financial details of the transaction remain undisclosed. The deal is expected to be finalized in the fourth quarter of this year, pending compliance with customary closing conditions.
Expanding Presence in Eight Countries
Sodexo's in-home care services division, headquartered in Irvine, Calif., operates in eight countries and employs 12,000 dedicated professionals. As part of the acquisition, Halifax Group will take over the division's home-care subsidiaries in the United States, United Kingdom, Ireland, France, Denmark, Norway, Sweden, and Brazil.
Commitment to Continuity
Halifax Group has assured that the division's Chief Executive, Natalie Black, along with the entire senior management team, will continue to lead the operations post-acquisition. This commitment ensures a seamless transition and maintains stability within the organization.
Sodexo's Strategic Vision
Acknowledging the significance of this development, Sodexo's Chief Executive, Sophie Bellon, expressed her satisfaction with the progress made towards implementing the company's 2025 strategic plan. She emphasized Sodexo's ongoing commitment to becoming a leader in sustainable food and valued experiences.
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