Newrest, a leading out-of-home catering company, has significantly grown its market presence through strategic acquisitions and investments, positioning itself for continued expansion and innovation.

Target Information

Founded in 1996 by Olivier Sadran in Toulouse, Newrest is a specialist in out-of-home catering with operations in all catering sectors and associated services. For the fiscal year ending September 30, 2025, Newrest reported revenues of €3.336 billion, reflecting a significant 33% increase. The company has pursued an aggressive acquisition strategy, contributing €555 million in revenue through four acquisitions, bolstering its position as a global leader in remote site management.

The company's activities are diversifying, with concession catering and remote-site catering now representing 44% of total operations, yielding €1.459 billion. In France, Newrest has solidified its status as a reliable partner in concession catering, serving major public and private sector clients. Additionally, the airline sector, which constitutes 43% of revenue, saw a 13% growth, with additional contributions from rail and commercial catering totaling €442 million.

Industry Overview

The out-of-home catering industry in France is experiencing robust growth driven by demand across various sectors, including transport, mining, and oil. With significant investments in technology and services, catering companies are f