Sodexo Wins 10-Year A$2.5 Billion Contract From Rio Tinto

Sodexo, the world’s second-largest catering company, said it won a ten-year A$2.5 billion ($1.87 billion) facilities-management contract from miner Rio Tinto, the biggest such agreement for the French company.

Sodexo, based on the outskirts of Paris, said in an e-mailed statement that it will manage wide-ranging facilities at Rio Tinto’s operations in Australia’s Pilbara region.

Rio Tinto’s assets in the region include ports, towns, aerodromes, commercial and residential buildings.

“This contract is a major step forward for Sodexo,” Michel Landel, chief executive officer, said in the statement. “It demonstrates the value our unique global footprint and deep sectoral knowledge brings to clients like Rio Tinto.”

The contract will take effect in the second half of 2016, and includes cleaning services, building and grounds management, accomodation and catering, property management and village and town services, the company said.

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