Fast-growing virtual restaurant company FoodChéri sells a majority stake to Sodexo.
The transaction marks the first large-scale FoodTech acquisition by a corporate in Europe.
Sodexo’s investment will enable FoodChéri to consolidate its strategic positioning as a ‘virtual restaurant’, while pursuing national expansion.
The partnership with FoodChéri will help Sodexo adapt its corporate catering offer to today’s changing work environment.
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Founded in 2015, FoodChéri delivers fresh and healthy meals prepared in-house by professionals to customers across the Paris metropolitan area. As a ‘virtual restaurant', FoodChéri operates a full-stack model encompassing product sourcing, meal cooking and order delivery. With a healthy, balanced and diversified offer, FoodChéri targets both individuals and companies, over 200 of which now look to the start-up to provide meals for their employees. FoodChéri today employs 70 people and delivers over 12,000 meals every week. READ FULL PR
