HUNGRY acquires Canadian office-meal delivery provider hungerhub [Yahoo! Finance]
SODEXO S/ADR (SDXAY)
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Source: Yahoo! Finance
Financial terms of the deal were not disclosed. In a statement, Hungry said the transaction will push the combined business's annual revenue above $110m and broaden its operational footprint across North America. Hungry CEO Jeff Grass said: “Our vision has always extended beyond a single market. “By bringing hungerhub into the platform, we are expanding our ability to deliver consistent workplace dining experiences across borders while continuing to scale with our enterprise customers." Toronto-based hungerhub operates in more than ten Canadian markets. The company connects employers with a curated network of local restaurants, offering daily meal delivery through a technology-enabled ordering platform. hungerhub CEO Sari Abdo added: “Joining Hungry accelerates our mission to modernise the office meal experience while maintaining the quality our customers trust.” Hungry provides enterprise workplaces with a range of food and beverage services, including catering, group
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