Elior strengthens its position in catering to the City of London
with the acquisition of Lexington
1st October 2014
Elior pursues its growth strategy in the UK with the signing of an agreement for the acquisition of Lexington.
Lexington are a respected caterer in the City of London with a strong portfolio of leading London organisations. Lexington has turnover in excess £30 million and a combined team of over 650 employees.
Lexington was established in 2002 by Mike Sunley, Katharine Lewis and Rachel Lindner. It currently holds contracts across London and the South East of England, including leading law firms, hedge funds and creative agencies.
Tim West, Chairman of Lexington, will be appointed a Director and Non-Executive Chairman of Elior UK. Mike Sunley will be Chief Executive of Lexington, joining Catherine Roe, Chief Executive of Elior UK on the Executive Committee.
Gilles Petit, CEO of the Elior Group said: “We are very pleased to welcome Lexington teams into the Elior group. This acquisition allows us to achieve a value-creating transaction and develop our position in the UK. It also reflects our focused growth strategy, which is to focus on markets where Elior has strong positions”.
Catherine Roe and Mike Sunley commenting on the deal said: “It will be business as usual for our respective clients. The added market presence this agreement brings will provide additional resources and many opportunities for our people and our individual brands, which we believe is a very exciting prospect for all of us and importantly our highly valued clients and customers”.
Note to editors:
About Elior UK
Elior operates high profile catering contracts across the B&I, health & care homes, defence, education, stadia and heritage sectors. It provides customers with a bespoke offer that focuses on great food and customer service and couples it with the benefits that a large company brings. It employees over 10,000 people across 650 locations.
Lexington was set up in 2002 by co-founders Mike Sunley, Katharine Lewis and Rachel Lindner. Since then Lexington has enjoyed considerable growth and acclaim for delivering fabulous food and exceptional service for people at work. In 2014 the organisation launched Lexington Reception Services (LRS) to create the very best front of house experiences for their clients and customers
About ELIOR Group
Founded in 1991, Elior is now a world leader in the catering and services. In 2013, the Group achieved a turnover of EUR 5016.9 million in 13 countries. Its 105,000 employees serve 3.7 million customers each day catering solutions and customized services. Their mission across 17,500 restaurants and outlets, is to welcome and take care of everyone with passion and expertise in the world of business, education, health as well as in the world of travel and recreation. With a particular attention to social responsibility, Elior signed the Global Compact of the United Nations in 2004.
“A word of attentions”, Elior signature logo is a true reflection of not only the continuous commitment of its professional teams towards quality and innovation, but also the demonstration of how Elior interact with one and another and society as a whole.
For more information: www.elior.co.uk
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