Empresas y finanzas

Sodexo Announces Completion of the Acquisition of VR and Becomes Brazil´s Leading Issuer of Service Vouchers and Cards



    Regulatory News:

    Sodexo (PARIS:SW) (OTCBB:SDXAY), a world leader in Food and
    Facilities Management services in most markets, today announced
    completion of its acquisition of Grupo VR´s Service Vouchers and Cards
    activity in Brazil. The total consideration for the transaction, on a
    debt-free basis, is 1 billion Brazilian reais (approximately 405
    million euro at current exchange rates). VR´s activity will be
    consolidated in the Group´s financial statements for six months in
    Fiscal 2008.

    The complementary nature of VR´s business portfolio will open new
    development opportunities for Sodexo Service Vouchers and Cards in the
    very dynamic Brazilian market, the largest market worldwide in this
    activity with strong potential for future growth. Sodexo´s issue
    volume has been growing at an annual rate of approximately 10% for the
    last two fiscal years in Brazil.

    With this acquisition, Sodexo becomes the leader in Service
    Vouchers and Cards in Brazil, with an issue volume of 2.4 billion euro
    at current exchange rates, serving more than 50,000 clients, in
    particular small and medium sized businesses, and reaching 5 million
    beneficiaries.

    The strong strategic fit and a shared spirit of service combined
    with the potential for local synergies enable Sodexo to reaffirm its
    confidence in the progression of operating margins in the Service
    Vouchers and Cards activity over the next three years.

    About Sodexo

    SODEXO, founded in 1966 by Pierre Bellon, a world leader in Food
    and Facilities Management services in most markets, with more than
    342,000 employees on 29,000 sites in 80 countries. For Fiscal 2007,
    which closed August 31, 2007, SODEXO had revenues of 13.4 billion
    euro. Listed on Euronext Paris, the Group´s current market
    capitalization is 5.9 billion euro.