Aramark Swallows Harry M. Stevens

Posted: December 13, 1994

Aramark, the food-service provider formerly known as ARA Services Inc., said yesterday that it had acquired Harry M. Stevens Inc., which operates food and drink concessions at some of the nation's biggest arenas and ballparks.

With the newly acquired contracts, Aramark, which has operated stadium concessions around the country since 1966, will now provide service at the homes of 28 teams in baseball, football, basketball and hockey.

Aramark officials would not disclose the price of the deal, which gives the Center City-based company rights to venues in nine states and Puerto Rico.

They include New York's Shea Stadium, Giants Stadium and the Brendan Byrne Arena in the New Jersey Meadowlands and the Houston Astrodome.

The Stevens business, based in Cranbury, N.J., is 107 years old. Its founder, Harry Mozley Stevens, designed and sold scorecards at Ohio baseball games and eventually worked his way to the big leagues, selling hot dogs at New York's famous Polo Grounds.

Stevens executives could not be reached for comment yesterday.

Tom Haertsch, an Aramark spokesman, said Stevens employed as many as 9,000 full- and part-time employees in "peak season."

Aramark employs more than 130,000 in the U.S. and abroad.

"We'll be leveraging the resources of both companies," Haertsch said. ''The transition will probably span several months, so it's much too early to speculate about specifics" of merging operations.

The Stevens deal was the second recent major acquisition by the privately held Aramark. Last month, it announced its purchase of TW Recreational Services, concessionaire for several state and national parks.

In a statement, Joseph Neubauer, Aramark's chairman and chief executive, took the long view for Stevens' sports concessions. Several of them have lost business in the continuing baseball and hockey strikes.

Neubauer said, "We are a long-term investor in Major League Baseball and other professional sports, and we are looking forward to establishing valuable partnerships with the new teams we will be serving . . . "

ARAMARK INC.

Headquarters: Center City

History: Founded in 1959. Entered arena concessions business in 1966. Becomes employee-owned in 1984 in a $1.2 billion buyout.

Employees: 133,000 worldwide.

Locations: 500,000 in 11 countries.

Sales: $5 billion.

Chairman: Joseph Neubauer

HARRY M. STEVENS INC.

Headquarters: Cranberry, N.J.

History: Founded in 1887 by Harry Mozley Stevens, a transplanted Englishman, who first sold concessions at a baseball game in Columbus, Ohio, the year before. Remained closely held by Stevens family.

Locations: Serves 20 locations in nine states, including the Meadowlands, Churchill Downs, Fenway Park and Shea Stadium.

Chairman: Joseph B. Stevens Jr.

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