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Stock impact report

Sodexo enters into exclusive negotiations to combine its childcare activities with those of the Grandir Group

SODEXO S/ADR (SDXAY) 
NASDAQ:AMEX Investor Relations: sodexo.com/home/finance.html
Company Research Source: GlobeNewswire
Issy-les-Moulineaux, July 27, 2021 7:30 am, French time - Sodexo (NYSE Euronext Paris FR 0000121220-OTC: SDXAY).Sodexo Group, world leader in Quality of Life Services, enters a new chapter in the development of its childcare activities by entering into exclusive negotiations to combine its global childcare services, including Liveli in France, with those of the Grandir group. Together, Sodexo and Grandir will create an ambitious project to become a global early education leader. Since 2010, Sodexo has built an attractive network of childcare centers in France with Liveli, one of the largest players in the French childcare market, and progressively expanded operations in Germany, Spain and India.Co-founded in 2000 by Jean-Emmanuel Rodocanachi, Grandir is a reference player in France and a pioneer in the development of the French private nursery market. In more recent years, Grandir has grown internationally and selectively entered new markets in Canada, the US, the UK and Germany.Thi Show less Read more
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