Sodexo today announced completion of its acquisition of Servi-Bonos, S.A. de C.V. (“Servi-Bonos”) in Mexico. Servi-Bonos will be consolidated in the Group’s financial statements for ten months in Fiscal 2013.
Servi-Bonos is a leading provider of food and meal vouchers and cards, serving close to 5,000 clients in Mexico through its nationwide network. In 2011, Servi-Bonos generated issue volume (the face value of vouchers and cards multiplied by the number of vouchers and cards issued) of close to 300 million euros.
This acquisition reinforces Sodexo’s international leadership in Quality of Life Services in the buoyant Mexican growth economy.