Aramark acquires Veris for €50m
Earlier this year, Veris – which owns the Irish Estates and Vector businesses – sold its logistics and storage/ removals division, which included such brands such as Nat Ross, Beverly Smyth and Oman Transport.
And, in the last couple of months, it granted permission to a third party to carry out due diligence on the rest of the business. The group, which had been reviewing its cost structure for some time, has published its financial results for the first half of this year. They show a 24% year-on-year fall in revenue, to €31.7m, and a pre-tax loss of €10.2m, down from a pre-tax profit of just under €2m for the same period last year.
