Catering International & Services SA (ENXTPA:CTRG) (CIS) is looking for organic growth and acquisitions into new markets, with Mexico, Indonesia, Nigeria and Vietnam being countries of particular interest, Regis Arnoux, CIS Founder and Chief Executive Officer, told Mergermarket. CIS intends to spend between €10 million and €100 million on an acquisition, Arnoux added. CIS can also explore other fund-raising channels, for example bond issuance or a capital raising, Arnoux told Mergermarket.

According to Arnoux, Africa is the region with the strongest growth prospects along with Mozambique. In addition to acquisitions, CIS is also counting on joint venture partnerships to achieve its expansion goals.