Newrest continues to expand its international activities

Toulouse, 26/01/23 – Newrest, the French catering specialist which generates 44% of its turnover in the airline catering sector, continues its international development strategy and announces the acquisition of 100% of EIH Flight Services Ltd, a subsidiary of EIH Limited (Oberoi) to provide its services from Mauritius.

“Since March 2020, we have maintained a sustained geographical expansion in line with our customers’ expectations: we have invested heavily in the USA, in Atlanta and Houston; we have opened new production units in Scandinavia, Germany, Portugal and Switzerland; we have won new licences in Morocco and built a unit in Durban. Our customers rely on our financial strength and agility to meet their strategic ambitions” said Olivier Sadran, Co-Chairman and Founder of Newrest Group.

By acquiring 100% of EIH Flight Services Ltd, a subsidiary of EIH Limited (Oberoi), Newrest will provide its services from Mauritius, a market driven by the tourism sector that attracts the world’s largest airlines. With this acquisition, the group continues to support its clients in their development in Africa and more widely in the Indian Ocean with a presence in 9 countries in this geographical area (Morocco, Liberia, Guinea Conakry, Ghana, Zambia, South Africa, Uganda, Mauritius, Reunion). EIH Flight Services Limited, a subsidiary of the Indian Oberoi Group, has been present in Mauritius since 2007 at Sir Seewoosagur Ramgoolam International Airport.

Since 1st January 2023, a new management team has been mobilized to implement the Newrest Group standards and procedures.

About Newrest

Founded in 1996 under the name Catair, the Newrest Group, chaired by Olivier Sadran and Jonathan Stent-Torriani, is today the only operator active in all catering and related services sectors: airline catering, buy-on-board, duty free on-board, concession catering, base lounges and support services, rail catering, airport and motorway catering concessions. With 36,622 employees in 54 countries, the Newrest Group, with a turnover of €1,682 million in 2022, is also the world’s leading independent airline catering company. At the end of 2022 (September), 96.5% of the group’s capital is held by its management (400 employees). The minority partner in the capital of Newrest is Naxicap (3.5%).

Newrest is committed to a process of constant improvement and innovation in the services offered to its customers, as well as in the well-being and progression of its employees and managers. The sustainable development of the company and the full respect of social and environmental values are at the heart of its activities.