Sodexo, a global leader in food services and services that improve everyday life, has completed the acquisition of Grupo Mediterránea from Portobello Capital, one of Spain’s leading food service providers. The transaction also entails the repayment of the public financing granted by SEPIDES.
Founded in 1988 and headquartered in Madrid, Grupo Mediterránea operates in Spain in both the public and private sectors and also carries out part of its activity in Portugal and Peru.
With this transaction, the Sodexo Group strengthens its presence in Spain, reinforcing its brand portfolio and boosting its positioning across all business segments. With more than 21,000 employees, 1,700 sites, and over 500,000 daily users, Sodexo becomes one of the key players in the market, with a strong local presence and nationwide coverage.
Following the customary regulatory approvals for this type of transaction, the deal has now been formally completed and the integration phase begins. The objective is to bring out the best of both organizations, enhance the value of their brands, and leverage strengthened capabilities and increased support to continue growing sustainably. Thanks to their strong complementarity, through this strategic partnership, Sodexo and Grupo Mediterránea share the ambition of becoming the market leader, delivering excellence, innovation, proximity, and talent to clients and consumers.
Beyond their family-owned origins, Sodexo and Grupo Mediterránea share common values and a shared vision focused on service excellence, customer proximity, and commitment to people.
Strengthened governance to drive growth
As part of this commitment, Sodexo will rely on a strong management team to carry out the integration process, led by Caroline Soladie, appointed CEO of the Sodexo Group in Spain and Portugal.
With more than 20 years of experience at Sodexo, Caroline has held various leadership positions in operations, finance, and strategy in France, Spain, and at European level. As head of the Sodexo Group in Spain and Portugal, she aims to leverage the strengths of both companies to lead the market, drive innovation, and develop strategic initiatives to deliver the best results for clients and teams.
Caroline Soladie, CEO of the Sodexo Group in Spain and Portugal, said:
“We are at a fascinating moment to drive growth and development. Together, we will build a new organization that is stronger and more competitive, focused on innovation, value creation for clients, and sustainable growth. Because growth, for Sodexo, means expanding our impact, strengthening our capabilities, and generating long-term value responsibly, in order to better serve our clients and consumers.”
For his part, Mario Muñoz, CEO of Grupo Mediterránea, added:
“We are very happy about this alliance with Sodexo and very excited about the future. Thanks to this transaction, Grupo Mediterránea will strengthen its positioning and its ability to grow. By joining forces, we will have more resources and increase our knowledge and competitiveness. We will deliver greater value to our clients and teams, becoming, together with Sodexo, market leaders.”