Thomas Cook’s Quess Corp, India’s Leading Business Services provider, has successfully concluded its acquisition of Aramark India from Aramark, USA. The acquired business will benefit by having a long term, financially strong shareholder in the form of Quess Corp - a step down subsidiary of Fairfax Financial Holdings, held through its Indian listed subsidiary, Thomas Cook India.
Aramark India will be renamed and rebranded as Aravon Services. The rebranding exercise is expected to be completed within the next one month and will reflect the coming together of the best of Aramark India and Avon - Quess Corp’s Integrated Facility Management offering.
Based out of Mumbai, Aravon India is a facility management company with strong capabilities in hospitality and healthcare facility management. With the addition of more than 80 sites pan-India and a workforce of over 2,500 employees, the FMS business of Quess Corp will now have about 20,000 employees and with significant strengths in Hospitality and Health Care. On a combined basis, the Group is present in 8 hospitals and approximately 25 Hospitality sites, many of whom are marquee names and among India’s leading brands.
| Company Name | CMP |
|---|---|
| IRCTC | 564.75 |
| Thomas Cook (India) | 110.94 |
| TBO Tek | 1291.85 |
| Transcorp Intl. | 28.03 |
| Le Travenues Techno | 179.05 |
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