Sodexo has signed a Share Purchasing Agreement to acquire Grupo Mediterránea, significantly expanding its presence in the Spanish food service market.

Target Information

Sodexo has announced the signing of a Share Purchasing Agreement to acquire Grupo Mediterránea, a prominent player in Spain's food service sector. Established in 1988 and headquartered in Madrid, Grupo Mediterránea has a robust presence in Spain and operates smaller branches in Portugal, Chile, and Peru. The company generates annual revenues of approximately €350 million and employs over 14,700 staff members who serve more than 265,000 meals daily across more than 1,700 locations, securing a leading position within the Spanish food services market.

This acquisition represents a significant opportunity for Sodexo to expand its influence and operational footprint in Spain’s diverse food service industry.

Industry Overview in Spain

The food service industry in Spain has been undergoing substantial growth, driven by evolving consumer preferences, increased health consciousness, and a rising demand for diverse culinary expe