Sodexo and Huawei Sign Global Partnership Agreement

Sodexo and Huawei Sign Global Partnership Agreement

Sodexo and Huawei Sign Global Partnership Agreement

The FINANCIAL -- A global partnership agreement was signed on January 9 between Sodexo, one of the leading French food services and facilities management companies, and Huawei, one of the leading global information and communications technology solutions providers.

The agreement was signed in the presence of Bruno Le Maire, French Minister of the Economy and Finance and Minister of Commerce for the People's Republic of China.

Sodexo Chairwoman Sophie Bellon and Huawei Chairwoman Sun Yafang signed the 5-year agreement, under which Sodexo becomes a preferred partner to provide integrated facilities management services to Huawei worldwide. Huawei has upcoming IFM projects totaling US$400 million. The agreement opens the door to Sodexo providing Huawei with integrated facilities management services on a global scale. The partnership represents a robust boost to the existing relationship between the two companies, which began in 2013 and currently covers 12 countries in 4 continents, according to Huawei.

Sophie Bellon, Chairwoman of Sodexo, said, "I am delighted and proud to reinforce this latest cooperation between France and China, representing France's services sector whose excellence is recognized worldwide. The enhanced strategic cooperation between Huawei and Sodexo will benefit both companies. We share concerns about industry's impact on the environment and people's quality of life. Our companies will work together to build energy efficient facilities and take measures to conserve energy and reduce emissions for Huawei's offices in China and around the world."

Sun Yafang, Chairwoman of Huawei, said, "Huawei and Sodexo believe that this partnership will promote the shared success of both companies. As a leading global ICT solutions provider, Huawei will leverage its latest technologies in domains like IoT and cloud computing to help Sodexo accelerate its digital transformation, helping to provide its customers with more competitive services while reducing investment and O&M expenses."

Huawei's IoT solutions are widely used in applications like smart grids, smart buildings, and intelligent transportation. In particular, the Huawei Smart Buildings solution can help enterprises cut energy consumption by an effective 30%. Through this most recent cooperation, Huawei will help Sodexo build a more efficient, energy-saving, safe and comfortable Smart Building solution for its clients.