July 16—Sodexo has been awarded a master license agreement by Red Mango, a retailer of non-fat frozen yogurt.
As a master licensee, Sodexo has been awarded non-exclusive rights to open stores under the Red Mango brand subject to Red Mango's approval. The 10-year agreement also includes options for renewal.
"We look forward to bringing a healthy and delicious treat option to our client locations,” John Nappier, vice president of business development of Sodexo's Retail Brand Group, said in a press release. “Red Mango is a strategic addition to our portfolio that adds the value of a proven menu, superior branding and strong franchise system to offer the very best.”