For the past 10 years, ARAMARK has provided food service at the Airbus fuselage manufacturing facility in Nordenham. With the expanded relationship, ARAMARK will hire approximately 140 employees to serve Airbus operations in Hamburg Finkenwerder, Hamburg Fuhlsbuttel, Stade, Varel, Bremen and Buxtehude. Previously, Airbus Deutschland's food service operations at these locations were managed by a combination of in-house capabilities and an outside food service provider.
"We are proud to be in a position to expand our relationship with such a respected global employer," said Ravi Saligram, President of ARAMARK International. "As one of the largest food services companies in Germany, we believe ARAMARK is well positioned to meet Airbus Deutschland's need for integrated single-source food service management - from business dining services to conference services to event catering and vending."
ARAMARK will update five business dining facilities including new menus, and stations that provide employees with made to order food options. The vending program will receive new machines, stocked with brand-name snack offerings, and the shops and stores will undergo a redesign offering a new selection of popular brand items. ARAMARK also is planning events for Airbus employees to launch the new food service program.
"ARAMARK's German management team developed an innovative, quality-based strategy to support Airbus Deutschland's goal for creative employee dining and superior food products," Saligram said.
About Airbus
A leading aircraft manufacturer with the most modern and comprehensive product line on the market, Airbus is a global company with design and manufacturing facilities in France, Germany, the UK, and Spain as well as subsidiaries in the U.S., China and Japan. In Moscow it has a regional office, as well as technical representation providing on-the-spot airline support. Headquartered in Toulouse, France, Airbus is an EADS joint Company with BAE Systems and has a worldwide workforce of 55,000 employees.
About ARAMARK International
Operating abroad since 1967, ARAMARK has 70,000 employees serving clients in 19 countries outside of the United States. ARAMARK International provides food, refreshment, facility and other support services for thousands of clients, including businesses, schools and universities, health care institutions, senior living centers and sports and entertainment facilities.
About ARAMARK
ARAMARK Corporation is a world leader in providing award-winning food and facilities management services to health care institutions, universities and school districts, stadiums and arenas, and corporations, as well as providing uniform and career apparel. ARAMARK was ranked number one in its industry in the 2005 FORTUNE 500 survey and was also named one of "America's Most Admired Companies" by FORTUNE magazine in 2005, consistently ranking since 1998 as one of the top three most admired companies in its industry as evaluated by peers. Headquartered in Philadelphia, ARAMARK has approximately 240,000 employees serving clients in 20 countries. Learn more at the company's Web site, www.aramark.com
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This press release includes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 that reflect our current views as to future events and financial performance with respect to our operations. These statements can be identified by the fact that they do not relate strictly to historical or current facts. They use words such as "aim," "anticipate," "are confident," "estimate," "expect," "will be," "will continue," "will likely result," "project," "intend," "plan," "believe," "look to" and other words and terms of similar meaning in conjunction with a discussion of future operating or financial performance.
These statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements. Factors that might cause such a difference include: unfavorable economic conditions; ramifications of any future terrorist attacks or increased security alert levels; increased operating costs, including labor-related and energy costs; shortages of qualified personnel or increases in labor costs; costs and possible effects of further unionization of our workforce; currency risks and other risks associated with international markets; risks associated with acquisitions, including acquisition integration issues and costs; our ability to integrate and derive the expected benefits from our recent acquisitions; competition; decline in attendance at client facilities; unpredictability of sales and expenses due to contract terms and terminations; the impact of natural disasters on our sales and operating results; the risk that clients may become insolvent; the contract intensive nature of our business, which may lead to client disputes; high leverage; claims relating to the provision of food services; costs of compliance with governmental regulations and government investigations; liability associated with noncompliance with governmental regulations, including regulations pertaining to food services, the environment, the Federal school lunch program, Federal and state employment and wage and hour laws and import and export controls and customs laws; dram shop compliance and litigation; contract compliance and administration issues, inability to retain current clients and renew existing client contracts; determination by customers to reduce their outsourcing and use of preferred vendors; seasonality; and other risks that are set forth in the "Risk Factors," "Legal Proceedings" and "Management Discussion and Analysis of Results of Operations and Financial Condition" sections of and elsewhere in ARAMARK's SEC filings, copies of which may be obtained by contacting ARAMARK's investor relations department via its website www.aramark.com.
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