The successful independent brand strengthens Aramark’s portfolio in the UK with a focus on servicing premium B&I and Independent Schools contracts
PHILADELPHIA--(BUSINESS WIRE)--Dec. 17, 2021--
Aramark (NYSE: ARMK), a global leader in food and facilities management and uniforms, announced today the acquisition of the independent foodservice company, Wilson Vale in the UK. Wilson Vale joins the Aramark UK business, part of Aramark Northern Europe operations, as a key driver of high-quality growth and service delivery for small, premium Business and Industry (B&I) clients and Independent Schools.
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Aramark acquired Wilson-Vale to enhance its portfolio capabilities for small, premium Business and Industry clients and Independent Schools in the UK. The catering company will retain its identity and offer creative customer menus based on seasonal quality ingredients that are locally sourced. (Photo: Business Wire)
Co-founded and run by established industry leaders, Andrew Wilson and Carolyne Vale, the independent caterer has long operated with seasonality, ingredient quality, and local sourcing at the core. Owing to the strength of brand alignment and a shared vision for growth, Wilson Vale will operate as an autonomous brand within Aramark’s expanding UK portfolio. It will retain its existing leadership team, employees, clients, suppliers, and well-served customers, ensuring business as usual.
“Aramark is delighted to wholly acquire the Wilson Vale business in the UK,” said Helen Milligan-Smith, Managing Director of Aramark UK. “This authentic, well run, high-quality business fits perfectly with the culture, values, and growth ambition for Aramark here.”
“This is an extremely rare opportunity to become part of a larger family where the values and principles of our business can be fully retained,” said Andrew Wilson, Co-Founder and Managing Director of Wilson Vale. “Without doubt, one of the most pleasing things over the last two decades has been the way in which our people have developed, and in turn, how they have evolved the services we provide to our clients. These have always been the most important things to us, and they will continue to be as we embark on the next generation of growth with the benefit and support of Aramark’s ownership.”
Aramark (NYSE: ARMK) proudly serves the world’s leading educational institutions, Fortune 500 companies, world champion sports teams, prominent healthcare providers, iconic destinations and cultural attractions, and numerous municipalities in 19 countries around the world with food, facilities, and uniform services. Because our culture is rooted in service, our employees strive to do great things for each other, our partners, our communities, and our planet. Aramark has been named to DiversityInc’s “Top 50 Companies for Diversity” list, the Forbes list of “America’s Best Employers for Diversity,” the Human Rights Campaign Foundation’s “Best Place to Work for LGBTQ Equality” and scored 100% on the Disability Equality Index. Learn more at www.aramark.com and connect with us on Facebook, Twitter, and LinkedIn.
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements reflect our current expectations as to future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. In this press release these statements include, but are not limited to, statements related to our growth strategy and future business development opportunities. In some cases forward-looking statements can be identified by words such as "outlook," "aim," "anticipate," "are or remain or continue to be confident," "have confidence," "estimate," "expect," "will be," "will continue," "will likely result," "project," "intend," "plan," "believe," "see," "look to" and other words and terms of similar meaning or the negative versions of such words. These forward-looking statements are subject to risks and uncertainties that may change at any time, and actual results or outcomes may differ materially from those that we expected. Certain of these risks and uncertainties are set forth under the headings Item 1A "Risk Factors” and other sections of our Annual Report on Form 10-K, filed with the SEC on November 23, 2021 as such factors may be updated from time to time in our other periodic filings with the SEC, which are accessible on the SEC's website at www.sec.gov and which may be obtained by contacting Aramark's investor relations department via its website at www.aramark.com. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included herein and in our other filings with the SEC. As a result of these risks and uncertainties, readers are cautioned not to place undue reliance on any forward-looking statements included herein or that may be made elsewhere from time to time by, or on behalf of, us. Forward-looking statements speak only as of the date made. We undertake no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments, changes in our expectations, or otherwise, except as required by law.
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