Waleed Catering & Services Co LLC (Newrest Wacasco) - Azaiba, Oman

With origins in Group Catair in 1996 and founded by its Co-CEO’s Olivier Sadran and Jonathan Stent-Torriani, Newrest is the only major catering company active in all catering and related hospitality segments including airline catering, buy-on-board, duty-free on board, contract catering, remote site and support services, rail catering, airport and motorway retail.

With revenues under management of almost 1682,4 Millions Euros in 2021/22 and 36,622 employees world-wide in 54 countries, Newrest is also the first largest ‘independent’ airline caterer world-wid

At year end closing 2022 (September) Newrest is 96.5% management-owned, with its managers holding its capital (400 managers). The minority partner in the capital of Newrest is Naxicap (3.5%).