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Sodexho awarded EUR 92M services contract in Australia
6/21/2005
Sodexho awarded 92 million euro services contract in Australia with Westpac Banking Corporation.
Sodexho, in 50:50 joint venture with Mowlem plc, one of Australia's leading building and engineering companies, has been awarded a EUR 92M five-year contract by Westpac Banking Corporation to provide Facilities Management (FM) services at 1,700 Westpac sites across Australia.
The contract, which takes immediate effect, involves the provision of a range of FM services to branches, commercial premises, residences and ATMs. Services will include repairs and maintenance, asset management and general support services (such as cleaning, waste and concierge services) through to support of Westpac's ongoing commitment to minimising its environmental impact.
Neil Barrett, CEO of Sodexho Australia and New Zealand, says Sodexho recognised an opportunity to deliver a new service philosophy in facilities management for corporate Australia. “This significant contract heralds a new era in the delivery of outsourced facilities management in Australia. Sodexho's scale allows us to leverage resources, optimise operational effectiveness and efficiency, while providing a world-class environmental, health and safety program for Westpac Banking Corporation.”
About Sodexho Alliance
Founded in Marseille in 1966 by Chairman and Chief Executive Officer Pierre Bellon, Sodexho Alliance is the world's leading provider of food and management services. With more than 313,000 employees on 24,900 sites in 76 countries, Sodexho Alliance reported consolidated sales of
11.5 billion euros for the fiscal year that ended on August 31, 2004. The Sodexho Alliance share has been listed since 1983 on the Euronext Paris Bourse, where its market value totals 4 billion euros. The Sodexho Alliance share has been listed since April 3, 2002, on the New York Stock Exchange.
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