Elior: strengthens its position in the US sniors market

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09/23/2019 | 10:08

Elior North America is launching TRIO Community Meals, a leading food brand for seniors and certain needy communities, by bringing together three regional brands (Valley, Bateman Community) to better serve the elderly and underprivileged with its restaurant offering. Living and Lindley). Elior North America, number five in the United States, is strengthening its presence in the home delivery and living sectors.

With the aging of the population in the United States (according to the Census Bureau, 78 million Americans will be over 65 in 2035), the demand for meals and services adapted to the needs of seniors will continually increase. Since Older Americans Act voted in 1965, the federal government supports home-based meals or meals served in places of life to combat the risk of malnutrition and the feeling of isolation among the elderly and disadvantaged populations.

This new brand builds on more than 100 years of combined experience by offering an adapted food offer:

  • Valley is the leading brand in the US in the senior food industry (250 customers in 20 states), including home delivery (Meals on Wheels);
  • Bateman Community Living serves balanced daily meals to seniors or those in need via home delivery or in dedicated locations across the country;
  • Lindley offers a home delivery service for seniors, and meals for underprivileged children.

The mission of TRIO Community Meals is a continuation of their actions: carefully prepare meals with high social value. Elior wishes to continue to preserve the independence of the elderly by delivering meals at home, and offer varied meals in places of life where we take care of daily part of the American population.

At Elior North America, we do more than provide meals to millions of people every day. We offer the possibility to people in need or isolated to live moments of conviviality around a meal. Combining these three brands allows us to have a greater positive impact on these communities.

The company Elior Group SA published this content, the September 23, 2019, and is solely responsible for the information contained therein.
The contents were disseminated by Public unrevised and unrevised, theSeptember 23, 2019 08:07:05 UTC.

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CA 2019 4924 M
EBIT 2019 166 million
2019 net income 29.5 million
Debt 2019 491 million
Yield 2019 1.67%
PER 2019 73,2x
PER 2020 29,0x
VE / CA2019 0,55x
VE / CA2020 0,54x
Capitalization 2218 M



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