Paris-based food services giant Elior Group has acquired ABL Management, a Baton Rouge company that specializes in cafeteria food for prisons and schools. Terms of the deal were not disclosed.
ABL had around $60 million in revenue in 2014 and has 800 employees. The company was founded in 1990.
The deal adds close to 200 corrections and higher education customers to TrustHouse Services, Elior Group’s U.S. contract catering subsidiary.
The ABL acquisition is part of Elior Group’s strategic plan, which calls for adding U.S. properties that allow the firm to expand in niche markets, according to
Philippe Salle, chairman and chief executive officer.
Elior Group entered the U.S. contract catering market in 2013, wit the acquisition of TrustHouse Services Group. It currently employs 10,000 employees in 47 states in the United States.
Elior is one of the largest contracted foods services firms with 106,000 employees and $5.7 billion in revenue.