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Thomas Cook’s arm enters into agreement to acquire Aramark India

13 Feb 2015 Evaluate

Thomas Cook’s subsidiary -- Quess Corp -- India’s Leading Integrated Business Services provider has signed a definitive agreement to acquire Aramark India (Aramark India) from Aramark, subject to statutory and regulatory approvals.

Based out of Mumbai, Aramark India is a facility management company with niche offerings in hospitality and healthcare facility management. The company has operations in more than 80 sites pan-India and with a workforce of over 2,500 employees spread across 9 states. Aramark India services several marquee clients, many of whom are among India's leading conglomerates.

This acquisition will strengthen Quess’ position as a leading Pan India Facilities Management player with an integrated service offering spanning soft and hard services, pest control and catering. Post this acquisition, Quess’ Integrated Facility Management vertical has more than 20,000 employees and is poised to emerge as India's leading Facility Management player.

Peers
Company Name CMP
Thomas Cook (India) 105.15
IRCTC 464.05
TBO Tek 1703.75
Le Travenues Techno 164.05
Yatra Online 108.80
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