A New Era for Contract Services

The emergence of dedicated, publicly-traded contract service companies marks a coming of age. And the merger of Sodexho and Marriott Management Services may be more than what it seems.

In October, two high-profile transactions characterized in dramatic form the consolidation taking place in the contract services market today. 

The first, a joint announcement by Marriott International and Sodexho Alliance that they intend to merge their North American operations to form Sodexho Marriott Services (SMS), underscored how that sector is rapidly becoming dominated by a few giant, global companies (see page 22). 

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TAGS: Sodexo
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