{"id":796288,"date":"2024-12-19T13:43:01","date_gmt":"2024-12-19T18:43:01","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/avendra-international-acquires-spanish-based-quantum\/"},"modified":"2024-12-19T13:43:01","modified_gmt":"2024-12-19T18:43:01","slug":"avendra-international-acquires-spanish-based-quantum","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/avendra-international-acquires-spanish-based-quantum\/","title":{"rendered":"Avendra International Acquires Spanish-Based Quantum"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><i><b>Avendra International Acquires Spanish-Based Quantum<\/b><\/i><\/p>\n<p class=\"bwalignc\"><i>New Addition to the Supply -Chain Organization Expands Global Footprint and Increases Purchasing Power<\/i><\/p>\n<p>PHILADELPHIA&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nAramark (NYSE: ARMK), a global leader in food and facilities management, announced today that Avendra International acquired the Quantum Cost Consultancy Group. The acquisition further enhances the company\u2019s position as a leading global professional procurement and supply chain services provider, to a wide range of clients including hotels, hospitality and leisure resorts, healthcare, and educational institutions worldwide.<\/p>\n<p id=\"news-body-cta\">This press release features multimedia. View the full release here: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20241219109142\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20241219109142\/en\/<\/a><\/p>\n<div id=\"bwbodyimg\" style=\"width: 480px;float:left;padding-left:0px;padding-right:20px;padding-top:0px;padding-bottom:0px\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20241219109142\/en\/2337118\/4\/quantum-hero.jpg\" alt=\"\" \/><\/div>\n<p>\nQuantum has customer spend of nearly half a billion dollars (converted to US currency) and has operations in Spain, Portugal, Germany, the Netherlands, Zanzibar, Mexico, the Dominican Republic, and Jamaica.<\/p>\n<p>\n\u201cWe are very pleased to bring Quantum into our portfolio,\u201d said Autumn Bayles, Aramark\u2019s Senior Vice President of Global Supply Chain and Group Purchasing Organizations. \u201cBoth companies share a similar vision and culture and adding Quantum positions us to better globally serve not only the hotel category, but several other hospitality markets in the Quantum geographies.\u201d<\/p>\n<p>\nQuantum\u2019s associates and clients can expect a seamless transition to Avendra International over the coming weeks. Their CEO will continue to lead the Quantum business and operations will remain unchanged.<\/p>\n<p>\n\u201cWe are excited to begin our next chapter as part of Avendra International,\u201d said Alex Casajuana, Chief Executive Officer of Quantum. \u201cOur associates, clients and suppliers will not see any changes in how the company operates and we are now better positioned to provide stronger outcomes for our clients and suppliers.\u201d<\/p>\n<p>\nQuantum manages, to varying degrees, the expense categories that a hotel establishment might incur, including food and beverage, housekeeping and non-consumable products, services, energy and telecommunications, maintenance expenditures, small equipment, and insurances.<\/p>\n<p>\n\u201cOur purchase of Quantum is part of our strategy to expand the footprint of Avendra International and strengthen our purchasing capacity in hospitality related products, services and engineering solutions in particular,\u201d said Ian Murphy, Aramark\u2019s European Senior Vice President of Supply Chain and Group Purchasing Organizations.<\/p>\n<p>\nIn addition to hotels, Quantum also serves restaurants, gaming establishments, and senior and youth residencies.<\/p>\n<p>\nThis purchase represents part of Aramark\u2019s \u201ctuck in\u201d acquisition strategy to position the company for continued profitable growth.<\/p>\n<p><b>About Avendra International<\/b><\/p>\n<p>\nAvendra International is a leading strategic procurement and supply chain partner to a wide range of organizations, including hotels, hospitality and leisure resorts, healthcare, and educational institutions worldwide. Avendra International leverages $20.5 billion in procurement power and combines supply chain resources backed by Aramark\u2019s global footprint across 15 countries. What makes us stand out is our team of local experts who are deeply knowledgeable about the cultural, industry and sector-specific nuances of each country we operate in. Whether clients aim to reduce costs, boost efficiency, drive innovation, or achieve sustainability targets, we provide the support they need to succeed. By harnessing our tailored solutions, advanced technology, and industry expertise, we enable organisations to thrive.<\/p>\n<p><b>About Aramark<\/b><\/p>\n<p>\nAramark (NYSE: ARMK) proudly serves the world\u2019s leading educational institutions, Fortune 500 companies, world champion sports teams, prominent healthcare providers, iconic destinations and cultural attractions, and numerous municipalities in 15 countries around the world with food and facilities management. Because of our hospitality culture, our employees strive to do great things for each other, our partners, our communities, and the planet. Aramark has been recognized on FORTUNE\u2019s list of \u201cWorld\u2019s Most Admired Companies,\u201d The Civic 50 by Points of Light 2024, Fair360\u2019s \u201cTop 50 Companies for Diversity\u201d and \u201cTop Companies for Black Executives,\u201d Newsweek\u2019s list of \u201cAmerica\u2019s Most Responsible Companies 2024,\u201d the HRC\u2019s \u201cBest Places to Work for LGBTQ Equality,\u201d and earned a score of 100 on the Disability Equality Index. Learn more at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.aramark.com&amp;esheet=54169682&amp;newsitemid=20241219109142&amp;lan=en-US&amp;anchor=www.aramark.com&amp;index=1&amp;md5=a48a3a84112680ab5b099ca13ee55a2b\">www.aramark.com<\/a> and connect with us on <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Faramark%2F&amp;esheet=54169682&amp;newsitemid=20241219109142&amp;lan=en-US&amp;anchor=LinkedIn&amp;index=2&amp;md5=5e5bf46817049bbe16fd1c1dcca42a76\">LinkedIn<\/a>, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.facebook.com%2FAramark%2F&amp;esheet=54169682&amp;newsitemid=20241219109142&amp;lan=en-US&amp;anchor=Facebook&amp;index=3&amp;md5=9b4c76c320fc11653bf3d2e6b84f19f2\">Facebook<\/a>, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fx.com%2Faramark&amp;esheet=54169682&amp;newsitemid=20241219109142&amp;lan=en-US&amp;anchor=X&amp;index=4&amp;md5=bcb74957418515f8a8fcd89796dff412\">X<\/a>, and <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.instagram.com%2Faramark%2F&amp;esheet=54169682&amp;newsitemid=20241219109142&amp;lan=en-US&amp;anchor=Instagram&amp;index=5&amp;md5=5d44be453f4bb251dcab19725e60c206\">Instagram<\/a>.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20241219109142r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20241219109142\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20241219109142\/en\/<\/a><\/span><\/p>\n<p>\nChris Collom, 215-238-3593, <a rel=\"nofollow\" href=\"mailto:collom-chris@aramark.com\">collom-chris@aramark.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Pennsylvania United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Supply Chain Management Retail Restaurant\/Bar Lodging Destinations Travel Food\/Beverage<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20241219109142\/en\/2337118\/3\/quantum-hero.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20241219109142\/en\/2337119\/3\/Aramark_H_RedandBlack_R.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Avendra International Acquires Spanish-Based Quantum New Addition to the Supply -Chain Organization Expands Global Footprint and Increases Purchasing Power PHILADELPHIA&#8211;(BUSINESS WIRE)&#8211; Aramark (NYSE: ARMK), a global leader in food and facilities management, announced today that Avendra International acquired the Quantum Cost Consultancy Group. The acquisition further enhances the company\u2019s position as a leading global professional procurement and supply chain services provider, to a wide range of clients including hotels, hospitality and leisure resorts, healthcare, and educational institutions worldwide. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20241219109142\/en\/ Quantum has customer spend of nearly half a billion dollars (converted to US currency) and has operations in Spain, Portugal, Germany, the Netherlands, Zanzibar, Mexico, the Dominican Republic, and Jamaica. \u201cWe &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/avendra-international-acquires-spanish-based-quantum\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Avendra International Acquires Spanish-Based Quantum&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-796288","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Avendra International Acquires Spanish-Based Quantum - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/avendra-international-acquires-spanish-based-quantum\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Avendra International Acquires Spanish-Based Quantum - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Avendra International Acquires Spanish-Based Quantum New Addition to the Supply -Chain Organization Expands Global Footprint and Increases Purchasing Power PHILADELPHIA&#8211;(BUSINESS WIRE)&#8211; Aramark (NYSE: ARMK), a global leader in food and facilities management, announced today that Avendra International acquired the Quantum Cost Consultancy Group. The acquisition further enhances the company\u2019s position as a leading global professional procurement and supply chain services provider, to a wide range of clients including hotels, hospitality and leisure resorts, healthcare, and educational institutions worldwide. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20241219109142\/en\/ Quantum has customer spend of nearly half a billion dollars (converted to US currency) and has operations in Spain, Portugal, Germany, the Netherlands, Zanzibar, Mexico, the Dominican Republic, and Jamaica. \u201cWe &hellip; Continue reading &quot;Avendra International Acquires Spanish-Based Quantum&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/avendra-international-acquires-spanish-based-quantum\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2024-12-19T18:43:01+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mms.businesswire.com\/media\/20241219109142\/en\/2337118\/4\/quantum-hero.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/avendra-international-acquires-spanish-based-quantum\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/avendra-international-acquires-spanish-based-quantum\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Avendra International Acquires Spanish-Based Quantum\",\"datePublished\":\"2024-12-19T18:43:01+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/avendra-international-acquires-spanish-based-quantum\\\/\"},\"wordCount\":682,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/avendra-international-acquires-spanish-based-quantum\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mms.businesswire.com\\\/media\\\/20241219109142\\\/en\\\/2337118\\\/4\\\/quantum-hero.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/avendra-international-acquires-spanish-based-quantum\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/avendra-international-acquires-spanish-based-quantum\\\/\",\"name\":\"Avendra International Acquires Spanish-Based Quantum - 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The acquisition further enhances the company\u2019s position as a leading global professional procurement and supply chain services provider, to a wide range of clients including hotels, hospitality and leisure resorts, healthcare, and educational institutions worldwide. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20241219109142\/en\/ Quantum has customer spend of nearly half a billion dollars (converted to US currency) and has operations in Spain, Portugal, Germany, the Netherlands, Zanzibar, Mexico, the Dominican Republic, and Jamaica. \u201cWe &hellip; Continue reading \"Avendra International Acquires Spanish-Based Quantum\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/avendra-international-acquires-spanish-based-quantum\/","og_site_name":"Market Newsdesk","article_published_time":"2024-12-19T18:43:01+00:00","og_image":[{"url":"https:\/\/mms.businesswire.com\/media\/20241219109142\/en\/2337118\/4\/quantum-hero.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/avendra-international-acquires-spanish-based-quantum\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/avendra-international-acquires-spanish-based-quantum\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Avendra International Acquires Spanish-Based Quantum","datePublished":"2024-12-19T18:43:01+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/avendra-international-acquires-spanish-based-quantum\/"},"wordCount":682,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/avendra-international-acquires-spanish-based-quantum\/#primaryimage"},"thumbnailUrl":"https:\/\/mms.businesswire.com\/media\/20241219109142\/en\/2337118\/4\/quantum-hero.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/avendra-international-acquires-spanish-based-quantum\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/avendra-international-acquires-spanish-based-quantum\/","name":"Avendra International Acquires Spanish-Based Quantum - 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