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ARAMARK Holdings Corp. history, profile and history video

ARAMARK Holdings Corp. operates as a holding company with interest in providing food, facilities and uniform services to education, healthcare, business and industry. It operates through three reportable segments: Food & Support Services North America, Food & Support Services International and Uniform & Career Apparel. The Food and Support Services North America segment operates four service segments: Education, Healthcare, Business & Industry and Sports, Leisure & Corrections. The Education segment provides clients a single source provider for managed service solutions, including dining, catering, food service and capital project management, convenience-oriented retail operations, grounds and facilities maintenance, custodial, energy and construction management, and building commissioning services for education clients; and patient food and nutrition, retail food, clinical equipment maintenance, environmental, laundry and linen distribution, plant operations, energy and supply chain management, strategic/technical, purchasing, and central transportation services for healthcare clients. The Healthcare segment offer healthcare organizations a single source provider for managed service solutions, which include food services such as patient food and nutrition services and retail food services, and facilities services such as clinical equipment maintenance, environmental services, laundry and linen distribution, plant operations, energy management, strategic/technical services, supply chain management, purchasing and central transportation. The Business and Industry segment services on-site restaurants, catering, convenience stores and executive dining. It also provides management of housekeeping, plant operations and maintenance, energy management, laundry and linen, groundskeeping, landscaping, transportation, capital program management and commissioning services and other facility consulting services relating to building operations. The Sports, Leisure and Corrections segment provides administers concessions, banquet and catering services, retail services and merchandise sales, recreational and lodging services, and facility management services at sports, entertainment, and recreational facilities; and offers correctional food services, and food and facilities management services for parks, as well as operates commissaries, laundry facilities, and property rooms. The Food and Support Services International segment provides food, refreshment, specialized dietary and support services, including facility maintenance and housekeeping, provided to business, educational and healthcare institutions and in sports, entertainment, recreational and other facilities serving the general public to worldwide. The Uniform and Career Apparel segment provides rental, sale, cleaning, maintenance and delivery of personalized uniform and career apparel and other textile items on a contract basis and direct marketing of personalized uniforms and career apparel and accessories to businesses, public institutions and individuals. It business traces its history back to the 1930s. ARAMARK Holdings is headquartered in Philadelphia, PA.

“Aramark History

Aramark was founded as Davidson Brothers in 1936 by Davre and Henry Davidson.Davidson Brothers began by providing vending services to plant employees in the aviation industry in Southern California.

In 1959, Davre Davidson partnered with William Fishman to establish ARA (Automatic Retailers of America), which became publicly traded a year later in 1960.

In 1968, ARA provided services at the Mexico City Olympic Games, the first of 16 Games they have serviced, including Athens in 2004 and Beijing in 2008.

In 1969, ARA officially became ARA Services, to reflect its growing range of businesses.

In 1983, Joseph Neubauer was elected CEO of ARA Services and a year later, in 1984, Neubauer led a group of executives to fend off a hostile takeover bid by coordinating a management buyout.

ARA Services changed its name to Aramark in 1994.

In 2001, Aramark returned to the New York Stock Exchange as a public company under the RMK ticker. In 2006, a group of investors led by Neubauer proposed the acquisition of all outstanding shares of the Aramark Corporation, which was approved by shareholders. The merger was completed in 2007.

In 2004, Aramark acquired a 90% stake in the Irish catering company Campbell Catering.

On August 29, 2011 Green Mountain Coffee Roasters sold Van Houtte USA (Filterfresh) to Aramark for $145 million.

In May 2012, Aramark announced that its Board of Directors had elected Eric J. Foss as CEO and that Joseph Neubauer would remain the company’s Chairman.”

*Information from Forbes.com and Wikipedia.org

**Video published on YouTube by “aramarktv