Caisse de dépôt invests in French food services provider Elior

The Caisse de dépôt et placement du Québec has acquired a minority interest in Elior Group, a French provider of contract catering, concession catering and services. No financial terms were disclosed for the deal, which will allow the Caisse to be represented on the company's board of directors. Based in Paris, Elior serves four million customers daily in 18,600 restaurants and points of sale. The Caisse's Andreas Beroutsos said the pension fund manager will make use of its network and knowledge of the North American market to support Elior's continued global expansion.

2 March 2016•3 mins read
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