MegaBite Food
The business, the turning points, and the decisions behind them.
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Sections to complete:02 · 05
01 / WHAT IT BUILT
What the company did
MegaBite Food Services was an Indian contract-catering company founded in 2005 by three former hoteliers. The top player in premium corporate catering in Bangalore, it operated a central kitchen there, served 28,000 meals a day in Bangalore and 1,800 in Mumbai, and counted Cisco, Microsoft, Google, McKinsey and Shell among its customers, employing more than 850 people. In November 2016 it was wholly acquired by French catering group Elior Group as part of its entry into India; the acquisitions closed in May 2017.
02 / FAILURE REASONS
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03 / EVENT HISTORY
Events in the structured record
- Founded
MegaBite Food Services was founded in Bangalore by three former hoteliers as a premium corporate caterer.
- Acquired
Elior Group announced the acquisition of MegaBite Food Services in November 2016, entering the Indian market together with CRCL.
- Closed
The Elior acquisitions completed in May 2017, sealing Elior India's entry with 135,000 meals per day and 3,500 employees.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
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Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
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