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.
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.
