TrustHouse Services Group and Cura Hospitality Announce Strategic Acquisition
Patients and Seniors across the U.S. To Benefit from Innovative Dining
Solutions, Personalized Service, and the Strength of Global Resources
CHARLOTTE, N.C.–(BUSINESS WIRE)–Culinary management leader TrustHouse Services Group has announced its
acquisition of Cura Hospitality, a Pennsylvania‐based provider of dining
services to the senior living and healthcare markets. Cura Hospitality
will continue to operate under its name, and will be led by Mitch
Possinger, its current President and founder, who will report directly
to Brian Poplin, TrustHouse President and CEO.
“Cura’s track record of exceptional customer service and culinary
innovation is a perfect match for our existing portfolio,” said Michael
J. Bailey, TrustHouse Chairman and co-founder. “Their ability to enhance
the experiences and well-being of patients and seniors is a true market
differentiator. This partnership is an excellent way to expand
opportunities for all our customers and employees.”
The acquisition will provide Cura Hospitality access to the expertise,
resources and economic power of a global organization with more than
half of its annual managed volume tied to the senior living and
healthcare markets. Cura Hospitality provides hospitality and clinical
care services to more than 20,000 residents, patients and guests each
day throughout the Mid-Atlantic region.
“We have a solid reputation for providing personalized and exemplary
service,” said Possinger. “We understand that food can enhance people’s
experiences and their well-being. We are looking forward to this
partnership so we can improve even more lives through outstanding food
and hospitality.”
“Cura has built an incredibly strong presence in the Mid-Atlantic
region, and we look forward to supporting them with our strong global
brand and resources,” said Poplin. “TrustHouse encourages each of its
companies to operate with an entrepreneurial spirit combined with
accountability for their target markets. We know that TrustHouse and
Cura will be an unbeatable match.”
The transaction will position Cura for continued success in the senior
living and acute care markets while providing Cura team members with a
broader scope of career and professional growth opportunities.
TrustHouse is part of the global hospitality leader Elior, based in
France.
About TrustHouse
TrustHouse Services Group enhances the lives of the people we serve
through culinary innovation and a commitment to providing exemplary
service. The family of companies, with over 9,000 employees, provides
food services and catering to more than 700 client accounts in five
industry segments across 47 states.
TrustHouse is among the top six contract food service companies in North
America. In 2013, TrustHouse was acquired by its management in
partnership with European contract catering firm Elior.
Learn more at www.trusthouseservices.com.
About the Elior Group
Founded in 1991, Elior Group, one of the world’s leading operators in
the contracted food and support services industry, is the caterer of
choice in the domains of business, education and health, as well as in
the world of travel.
In 2014, the Group generated revenue of €5,341 million in 13 countries.
Its 106,000 employees serve 3.8 million customers every day in 18,000
restaurants and points of sale. Their mission is to welcome and take
care of each individual through personalized catering and service
solutions which create an innovative consumer experience.
Elior Group pays particularly close attention to its corporate social
responsibility and has been a member of the UN Global Compact since
2004. The professional excellence of its teams, their daily commitment
to quality and innovation, and their dedication to providing special
moments is expressed through its motto: “Time savored.”
More information: www.eliorgroup.com
or follow us on Twitter @Elior_France / @Elior_Group
Contacts
TrustHouse Services Group
Debbie Albert, 215-283-6006
debbie@albertcommunications.com
