Aramark Investor Relations Material

Aramark is an American company that provides catering, facility, and uniform services to its customers. The clients of the company are primarily found in education, prisons, hospitals, and hospices, as well as businesses of varying sizes. The company has a large part of its business in North America but is also active in parts of Europe and Asia. Aramark is headquartered in Philadelphia, Pennsylvania, and its shares are traded on the NYSE.

Aramark's journey began in 1959, when Davre and Henry Davidson founded the company Automatic Retailers of America (ARA) The company initially focused on vending machine operations, capitalizing on the growing demand for convenient, automated food services in workplaces and public spaces.

The early success of their vending operations provided a solid foundation for expansion. By the 1960s, the company had begun diversifying its services. This expansion was marked by a strategic shift into food services for institutions, including schools and hospitals. This move not only broadened their market reach but also established them as a comprehensive service provider in the food industry. During the 1970s, what was then ARA further expanded its portfolio by venturing into facilities management services, The company got its current name in 1994.

Aramark operates in three core areas: food, facilities management, and uniforms. In the food services sector, it serves a variety of clients including educational institutions, healthcare facilities, corporate businesses, and sports arenas. Its offerings range from catering and dining services to running cafeterias and vending machines, aiming to meet the diverse nutritional and culinary needs of its clientele. In facilities management, Aramark's services include cleaning, landscaping, building maintenance, and energy management services. These operations are designed to maintain a safe, clean, and pleasant environment for clients in sectors like education, healthcare, and business. Companies operating in the same fields include names such as Compass Group and Sodexo, both based in Europe.

The company’s uniform services provide a selection of workwear for various industries, offering rental and purchase options. This segment focuses on delivering durable, industry-appropriate clothing, essential for both safety and professional appearance in sectors such as healthcare, food service, and manufacturing. The offerings within this segment closely resemble what is provided by Cintas.