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Radhakrishna Hospitality in Sodexo fold

NEW DELHI: France-based global food services company Sodexo on Tuesday announced that it had signed a binding agreement to acquire Radhakrishna Hospitality Services Group (RKHS), one of the leading providers of food and facilities management services in India. The new entity would function under Sodexo’s ownership although RKHS promoter Raju Shetty would take over as the non-executive Chairman of the combined entity.

Through the new combined entity, representing Sodexo’s existing food and facilities management operations in India together with RKHS, Sodexo will offer its clients a comprehensive range of tailored solutions designed to enhance their reputation, improve efficiency of their employees, preserve the value of their assets and optimise their resources, according to a Sodexo press statement.

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