Elior becomes today a new global leader in contract catering and multiservices with approximately 134,000 employees.
The combined shareholders’ meeting held today approved the acquisition of Derichebourg Multiservices by more than 99%.
This acquisition strengthens the strategic and financial position of Elior Group:
- Debt deleveraging from 8.3x to 6.2x on a pro forma basis at the end of September 2022;
- At least €30 million in annual recurring EBITDA synergies by 2026.
The shareholder meeting also approved Elior Group's new governance structure, reflecting the enhanced position of Derichebourg SA as the reference shareholder, while also providing independent directors a strengthened role in approving decisions.
The Board of Directors, which met following the shareholder meeting, appointed Daniel Derichebourg as Chairman and CEO of Elior Group, replacing Bernard Gault.
Daniel Derichebourg has appointed Didier Grandpré as Chief Financial Officer of Elior Group and member of its Executive Committee, replacing Esther Gaide who decided to leave the Group to focus on non-executive positions.