Strategic Management 2

89 views 9:49 am 0 Comments April 28, 2023

Aramark and Avoca were always something of an odd match. The US property, retail, and services group and the darling of Ireland’s foodie scene. At its core, Aramark was a mass caterer and a facilities manager; Avoca was a niche food and retail business. Aramark ran direct-provision centers, among other things; Avoca won awards for its sourdough bread.

So when the US company acquired Avoca from the Pratt family for a reported €64 million in 2015, many wondered if the Avoca brand would suffer, not least because Aramark had a reputation for cost-cutting. Both sides promised it wouldn’t.