Bli medlem
Bli medlem

Du är här

2016-11-17

Sodexo : Sodexo launches strategic venture capital fund, dedicated to accompanying innovative start-ups

Sodexo Ventures fund makes first investment with Wynd, a start-up specialized
in solutions to digitize retail points-of-sale and create cross-channel
customer journeys

Paris, November 17, 2016
- Sodexo, world leader in Quality of Life services, announced today the launch
of Sodexo Ventures, a 50 million euro venture capital fund, whose investments
will combine agility and creativity with the Group's investment capacity,
skills and expertise in sectors as varied as Food-Tech, health and wellness,
data, mobility and smart buildings.

Sodexo Ventures will invest in start-ups with high growth potential in line
with Sodexo's current or future activities. This investment strategy will
allow Sodexo to closely monitor, anticipate and respond to evolutions in its
rapidly moving sectors and markets.

Technology is evolving and opening up new ways of communicating and created
new channels of interaction and transaction for consumers. In addition,
customer habits are also changing: consumers demand more time optimization,
convenience and personalization. Evolving consumer needs, new and disruptive
technologies and the changing nature of services are creating a new
competitive landscape.

For Sodexo, it is a key opportunity to provide new and better services and
enhanced experiences to the people we serve. Sodexo has already begun this
journey, notably in the food environment, with the development of
direct-to-consumer applications and online portals proposing menus,
nutritional information, card recharging, waiting times and pre-ordering
features. With Sodexo Ventures, the Group, building on its existing assets,
will accelerate its ambitious strategy to enhance existing services as well
as imagine the services of tomorrow.

Michel Landel, Sodexo Chief Executive Officer, said:
"Sodexo Ventures will allow Sodexo to combine the agility and creativity of
start-ups with the Group's investment capacity, expertise and international
footprint to create even more value for our clients and consumers through
ever more innovative Quality of Life services."

Sodexo Ventures will make its inaugural investment alongside Orange Digital
Ventures, joining both the latter and Alven Capital as minority investor in
Wynd, a French start-up specialized in digital solutions for retail and
restaurants such as click and collect, office delivery and booking. This move
reflects Sodexo's enhanced focus on the "consumer experience" to respond to
the changing needs and behaviors of its 75 million consumers worldwide.

Founded in 2013 by Ismael Ould and Arthur Perticoz, Wynd has developed a
modular SAAS solution that aims to connect the in-store (digital for store)
and the out-of-store (web to store) world. It offers a full solution to
manage on-site and off-site sales, a unified back-office to handle operations
and CRM, and a solution to authorize and process on-site and off-site
payment.

With Wynd's tailor-made solutions, Sodexo will be able to create omni-channel
consumer experiences and will develop new services and enhancing existing
ones with table booking, ordering, payment, couponing and loyalty functions,
all while leveraging Sodexo Benefits&Rewards merchants' offers. This cutting
edge technology will allow Sodexo to obtain a 360° vision of consumer
experience - from mobile to table, from office space to dining space.

-------------------------------------------------------------------------------
| Ismael Ould, CEO and co-founder of Wynd, said of the investment: |
|"After building a rewarding partnership over the past year, we are delighted |
|to continue to grow our business with Sodexo, with whom we share the same |
|values and ambition to revolutionize the consumer experience." |
-------------------------------------------------------------------------------

This investment is subject to a vote at Wynd's shareholders meeting scheduled
the week of November 21, 2016.

About SodexoFounded in Marseille in 1966 by Pierre Bellon, Sodexo is the global leader in
services that improve Quality of Life, an essential factor in individual and
organizational performance. Operating in 80 countries, Sodexo serves 75
million consumers each day through its unique combination of On-site
Services, Benefits and Rewards Services and Personal and Home Services.
Through its more than 100 services, Sodexo provides clients an integrated
offering developed over 50 years of experience: from foodservices, reception,
maintenance and cleaning, to facilities and equipment management; from Meal
Pass, Gift Pass and Mobility Pass benefits for employees to in-home
assistance, child care centers and concierge services. Sodexo's success and
performance are founded on its independence, its sustainable business model
and its ability to continuously develop and engage its 425,000 employees
throughout the world.

Sodexo is included in the CAC 40 and DJSI indices.

-----------------------------------------------------
| Key figures (as of August 31, 2016) |
| |
|20.2 billion euro |
|in consolidated revenues |
|425,000 |
|employees |
|19th |
|largest employer worldwide |
|80 |
|countries |
|75 million |
|consumers served daily |
| |
| |
|15,2 billion euro |
|in market capitalization (as of November 16, 2016) |
-----------------------------------------------------
Contacts

---------------------------------------------------------
| Media |
| Laura Schalk Laurence Chiapponi |
| |
| |
|Tel: +33 1 57 75 85 69 Tel: +33 1 57 75 81 80 |
| |
|laura.schalk@sodexo.com laurence.chiapponi@sodexo.com |
---------------------------------------------------------

PR Sodexo - Sodexo Ventures - Wynd ENG
http://hugin.info/157633/R/2057576/770986.pdf

---------------------------------------
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Sodexo via Globenewswire

Författare Hugin

Tala om vad ni tycker

Tala om vad ni tycker

Ni är just nu inne på en betaversion av nya aktiespararna. Lämna gärna feedback på vad ni tycker i formuläret nedan.