Elior has announced that it will become 'a new international leader in foodservices and multiservices' with around 134,000 employees, after its combined general meeting today approved the acquisition of over 99% of Derichebourg Multiservices.

According to Elior, this transaction will strengthen the group's strategic and financial positioning, with a reduction in debt leverage from 8.3x to 6.2x on a pro forma basis at the end of September 2022, and 'at least 30 million euros in annual recurring EBITDA synergies by 2026'.

Following the AGM, the Board of Directors appointed Daniel Derichebourg Chairman and CEO of Elior Group, replacing Bernard Gault.

Daniel Derichebourg also appointed Didier Grandpré CFO of Elior Group and member of its Executive Committee, replacing Esther Gaide who is leaving the Group following her personal wish to concentrate on non-executive mandates.


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