Paris-based food and management services giant Sodexho Alliance has announced the sale of its UK subsidiary Lockhart to Bunzl Plc, an international Group that supplies B2B consumables.
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The principal activities of Lockhart include the supply of catering equipment and the design and installation of kitchen and restaurant facilities. In fiscal 2001, the company recorded revenues of £59m (US$85.8m).
Officials from Sodexho reported that they are pleased that the sale will permit Lockhart’s employees to continue to develop a strong business as part of Bunzl.
