Elior looks at acquisitions to grow India biz with 100 mn euros in funds

Global food and support services industry player Elior has committed over 100 million euros in India as it looks to acquire local food caterers to institutions and corporates and expand into newer markets in the North.

It is also setting up a full-fledged centralised kitchen in Bengaluru's Whitefield to service technology clients such as Cisco, LinkedIn, Microsoft, and Visa. It also counts Godrej, Daimler, and Pfizer as clients, offering them customised food for their employees at offices and other units.

So far, since it entered the country with the acquisition of Bengaluru-based MegaBite Food Services and purchased a majority stake