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Aramark
Aramark

-4.26%

Services & consulting / Food services and facility management

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Overview
Aramark is a global food service, facilities, and uniform services provider headquartered in Philadelphia, Pennsylvania. The company was founded in 1936 by Davre Davidson and William Fishman, under the name Davidson Brothers, and was originally a vending services operation. It was later renamed to Automatic Retailers of America (ARA) and began providing food services to businesses and schools. In 1959, ARA went public and expanded internationally.
In 1984, Joseph Neubauer became CEO and led a period of rapid growth and diversification for the company, including establishing a partnership with the NBA to provide food services for arenas. In 1994, ARA changed its name to Aramark to reflect its expanding range of services beyond just food. The company continued to grow and expand into new markets, acquiring companies such as ServiceMaster Management Services and Unisys Corporation’s facilities management division.
Today, Aramark serves a diverse range of industries, including food and beverage, facilities management, uniforms, and healthcare. Its services include catering, dining services, facility maintenance and management, and uniform rental and sales. The company operates in over 20 countries and has approximately 270,000 employees worldwide.
Aramark has a strong commitment to sustainability and social responsibility. It has set goals to reduce its environmental footprint, support local communities, and promote diversity and inclusion within its workforce. The company also has a long history of charitable giving and community engagement, including partnerships with organizations such as the American Heart Association and Feeding America.
In addition to its core services, Aramark has partnerships with some of the biggest names in the sports, entertainment, and corporate sectors, such as the NFL, MLB, and Disneyland. It also operates its own line of healthy snack and beverage products under the brand name Good Mood Foods.
Overall, Aramark has a strong reputation for providing quality services and products, as well as its commitment to sustainability and social responsibility. As it continues to expand and innovate, the company remains a leader in the food service and facilities management industries.
What is special about the company?
1. Global Presence: Aramark operates in more than 20 countries and serves over 500 million customers worldwide.
2. Variety of Services: Aramark offers a wide range of services in the areas of food, facilities, and uniforms services to various industries including education, healthcare, sports and entertainment, and corporations.
3. Commitment to Sustainability: The company is committed to sustainability and has implemented various initiatives such as reducing waste, using sustainable products and promoting sustainable practices.
4. Innovation: Aramark is known for its innovative approach to service delivery, constantly seeking new and improved ways to meet the needs of its customers.
5. Strong Customer Focus: The company places a strong emphasis on customer satisfaction and has measures in place to ensure that customers are happy with their services.
6. Diversity and Inclusion: Aramark has a diverse and inclusive workforce, with a commitment to promoting diversity and equality within the company.
7. Social Responsibility: The company is dedicated to making a positive impact on the communities it serves through various philanthropic initiatives and volunteering opportunities for employees.
8. Employee Development: Aramark offers training and development programs for its employees, helping them to develop new skills and advance in their careers.
9. Positive Work Culture: The company has a collaborative and inclusive work culture, promoting teamwork and open communication to foster a positive work environment.
10. Award-winning Service: Aramark has received numerous awards and recognition for its service excellence, further showcasing its commitment to delivering high-quality services to its customers.
What the company's business model?
The Aramark company’s business model is to provide food, facilities, and uniform services to various industries, including education, healthcare, sports and entertainment, business and industry, and parks and destinations. The company offers personalized solutions and expertise to meet the needs of its clients and customers, with a focus on sustainability, innovation, and customer experience. Aramark operates through a combination of self-operated locations and partnerships with other organizations, and utilizes technology to enhance its operations and services. Additionally, the company prioritizes diversity and inclusion, employee development, and community involvement in its business strategy.
Interesting facts about the company
1. Aramark was founded in 1959 by Davre Davidson and William Fishman as a vending machine company called Automatic Retailers of America (ARA).
2. The name Aramark was created in 1968 when ARA merged with the food and support services division of Automatic Merchandiser Company (AMC), creating the new name ARA-Mark.
3. In 2001, the company officially changed its name to Aramark.
4. Aramark is now a leading global provider of food, facilities, and uniform services to a wide range of industries, including education, healthcare, sports and entertainment, business and industry, and corrections.
5. The company has a workforce of over 270,000 employees, making it one of the largest employers in the United States.
6. Aramark serves more than 2 billion meals annually in over 19 countries and in all 50 states in the U.S.
7. Aramark has a strong commitment to sustainability and has been recognized by various organizations for its efforts in this area. The company has implemented sustainable practices such as waste reduction, energy conservation, and sustainable sourcing of ingredients.
8. Aramark has a long history of supporting charitable causes, and its employees have volunteered over 500,000 hours annually to community service projects around the world.
9. The company has been listed on the Fortune 500 list consistently since 2008.
10. In addition to its main business operations, Aramark also operates a number of subsidiary companies, including Aramark Refreshment Services, Aramark Healthcare Support Services, and Aramark Correctional Services.
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