Greece Picks Aramark for 2004 Olympics Food Service

Athens Olympics 2004 organizers (ATHOC) on Friday picked U.S. food service company Aramark (RMK) and Greek hotel group Daskalantonakis to provide food services during the Games.

ATHOC said the consortium prevailed in a tender with an offer of 33.9 million euros ($36.47 million). It will feed an estimated 23,000 athletes and team officials at the Olympic village and participants in the Paralympics.

Philadelphia-based Aramark Corp. is a leading provider of managed food services with experience in 11 previous Olympic Games. In 2001 it had sales of about $7.8 billion.

Daskalantonakis group, along with German tour operator TUI, runs the Grecotel chain in Greece.

The Greek capital is getting in gear for the return of the Olympic Games next year. With only 18 months to go before the opening ceremony, Athens organizers are under pressure to meet tight deadlines on infrastructure and venue construction.