Sodexo and leading German food retailers to announce cooperation Frankfurt, October 27, 2008 – (NBASOPM07102008) – the Kaufland group counts to the leading food retailers in Germany. Sodexo is the market leader in service vouchers and cards. Both companies will cooperate in the future. Kaufland operates over 500 markets in Germany: the superstores and hypermarkets known as Kaufland, trade justice and KaufMarkt. The restaurant, Sodexo pass is accepted in all markets of the Group of country of purchase. With the Sodexo restaurant pass pay for lunch the restaurant pass is a dinner check, a cashless pay extra, that companies can use for their employees. According to the income tax guidelines companies can send up to 5.77 euros tax-free food check its employees on each working day; per year, up to 1.269,40 euros are possible as cash quasi tax and social tax free. So more is left at the end of net of the gross salary.
The average net pay of employees can be increased, for example to around 3 percent to 4 percent. Sodexo issued passport checks, which are used by about 250,000 cheque users in Germany working the restaurant. You can pay conveniently lunch pass with the restaurant at more than 30,000 locations in Germany. Nationwide restaurant chains, local restaurants, butcher’s shops and bakeries but also other large food markets include broad support for a market-proven solution for the acceptance places that accept Passport to the restaurant. The nationwide acceptance is a strength of Sodexo services. This is now more strategically expanded through cooperation with Kaufland, underlines George Wyrwoll, corporate relations manager for Sodexo, the importance of cooperation with the food trading company. So who will be even more attractive restaurant pass: companies and employees benefit from the advantages of the check solution and can enjoy even richer redeem on the spot. Company profile the Sodexho pass GmbH is a subsidiary of Sodexo, the world’s largest provider of catering and services.
More than 342,000 Sodexo employees for 29,000 customers are active in more than 80 countries. Group sales amounted to 2007 13.4 billion euro in the fiscal year. The area of service vouchers and cards has a significant role for Sodexo: as the market leader, the number of the operability check user in Germany on 250,000 amounted, worldwide there are about 20 million. Sodexho pass is represented with 7 regional offices nationwide. The head office is in Frankfurt am Main. The company offers customers tailor-made individual full service: from ordering, delivery and customer support. This is the Sodexo restaurant pass, as cashless lunch allowance, the main business area. The 9,000 corporate customers, including Dresdner Bank, Lufthansa, Bayer, PriceWaterHouseCoopers, Daimler or TUI, and many medium-sized companies, a large variety of redeem is to the Available. Over 30,000 partners include, for example, restaurants like MAREDO or North Sea, as well as numerous supermarket chains such as Edeka, Kaufland, real and REWE. In addition local bakers or butchers belong to the root of the acceptance points.