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Running head: HOMEWORK 1
Aramark buys Avendra
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HOMEWORK 2
Why Aramark buys Avendra
Aramark Company is buying Avendra Corporation, which acquires food, deliveries and
such amenities as reforming for hotels as well as other foundations, for $1.35 billion (Aramark.
2017). According to Eric J. Foss, president, and CEO of Aramark, joining Avendra’s powerful
obtaining ability with the leading supply chain management expertise of Aramark will bring
improved buying scale and increased service levels to consumers of both Corporations.
Moreover, it will strength Aramark’s industry spread and competitive positioning. The union
also generates chances for Aramark and Avendra to raise their consumer base outside of their
traditional businesses (Mest, 2017).
Furthermore, Aramark expects yearly procurement cost synergies of around $40 million,
which it anticipates will be totally attained by the third fiscal year after concluding. Also, the
deal will considerably increase how they service their clients while growing our competences
and scope in critical parts of their business (Aramark. 2017). The Avendra acquisition will also
counterpart Aramark’s 2016 attainment of HPSI, a team-purchasing organization for the
healthcare, hospitality, and higher-education segments and considerably upturn its uniform trade.
What is in it for Aramark?
Aramark anticipates cost collaborations of approximately US$40mln from the purchasing
of Avendra. The strategic and financially captivating dealing signify the next step in their
commitment to driving maintainable stakeholder value. The deal is subject to the termination or
dissolution of the waiting period under the Hart Scott Rodino Antitrust Improvements Act and
gratification of other regular closing terms (Mest, 2017). Once the transaction closes before the

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Running head: HOMEWORK 1 Aramark buys Avendra Name Institution Date HOMEWORK 2 Why Aramark buys Avendra Aramark Company is buying Avendra Corporation, which acquires food, deliveries and such amenities as reforming for hotels as well as other foundations, for $1.35 billion (Aramark. 2017). According to Eric J. Foss, president, and CEO of Aramark, joining Avendra’s powerful obtaining ability with the leading supply chain management expertise of Aramark will bring improved buying scale and increased service levels to consumers of both Corporations. Moreover, it will strength Aramark’s industry spread and competitive positioning. The union also generates chances for Aramark and Avendra to raise their consumer base outside of their traditional businesses (Mest, 2017). Furthermore, Aramark expects yearly procurement cost synergies of around $40 million, which it anticipates will be totally attained by the third fiscal year after concluding. Also, the deal will considerably increase how they service their clients while growing our competences and scope in critical parts of their business (Aramark. 2017). The Avendra acquisition will also counterpart Aramark’s 2016 attainment of HPSI, a team-purchasing organization for the healthcare, hospitality, and higher-education segments and considerably upturn its uniform trade. What is in it for Aramark? Aramark anticipates cost collaborations of approximately US$40mln from the purchasing of Avendra. The strategic and financially ...
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