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Elior acquires Waterfall Catering Group

20th Jul 2016 - 08:52
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Abstract
Contract caterer Elior has acquired Waterfall Catering Group, strengthening its position in the UK education, care and welfare catering markets.

Waterfall Catering Group has 803 sites across the UK and generated revenues of £70 million last year.

Catherine Roe, CEO of Elior UK, said: “This is an exciting move for both Elior UK and Waterfall Catering Group. Together we share a common passion for delivering great customer experiences and innovative food services. The acquisition allows Elior Group to strengthen its growing market position in the UK and enhance the support and resource available to our respective customers.” 

Waterfall’s customer facing brands Taylor Shaw (education) and Caterplus (care) will continue to operate under their current brands as part of Elior Group. Chairman Vince Pearson, CEO Jim Lovett and CFO Gabrielle Higham will keep their position and will remain as minority shareholders to oversee the next phase of growth.

Written by
PSC Team